Property Market Update: Melbourne, December 2021
Melbourne capped off a bumpy 2021 with double-digit annual growth, triumphing over gloomy start-of-the-year forecasts. H...
Also in LIBERTY GROVE, the median home price is sitting at $1,190,000, and the average rent at $750, this suggests property owners could potentially earn a 3.28% increase in gross rental yield.
Property investors have seen a 0.17% gain in LIBERTY GROVE based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 19.69% growth over a ten-year period. It ranks 3454th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||13.09%|
|Median 3 years||N/A||5.78%|
|Median 5 years||N/A||4.01%|
|10 years average annual||19.69%||5.88%|
|Weekly media advert. rent||$750||$527.5|
|Time on Market||0.0 days||78.2 days|
|Gross Rental Yield Percent||3.28%||3.26%|