Victorian land sales strong despite restrictions
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The suburb’s capital gain of -4.09% for the past year is lower than average compared to its 22.67% growth within a five-year period.
Also in MOUNT HUTTON, the median home price is sitting at $527,500, and the average rent at $420, this suggests property owners could potentially earn a 4.14% increase in gross rental yield.
Property investors have seen a 0.48% gain in MOUNT HUTTON 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 4.16% growth over a ten-year period. It ranks 1896th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $527,500 | $449,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.48% | -0.5% |
| Median 12 month | -4.09% | 5.09% |
| Median 3 years | 10.82% | 3.82% |
| Median 5 years | 22.67% | 21.02% |
| 10 years average annual | 4.16% | 4.83% |
| Weekly media advert. rent | $420 | $400 |
| Time on Market | 36.6 days | 60.9 days |
| Gross Rental Yield Percent | 4.14% | 4.63% |
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