Office investment in Melbourne is boosting resi investment
Melbourne has been listed as an international investment hotspot and its increase in office investment is helping push up residential invest...
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $345,000
Profits averaged 1.41% per annum over a 3-year period, due to an upward trend in home prices in HYLAND PARK, 2448.
The gross rental yield in HYLAND PARK, 2448 is 0%.
An average of 0.92 real estate transactions take place per month in HYLAND PARK which translates to 11 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $345,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 4.23% | N/A |
| Median 5 years | 23.21% | N/A |
| 10 years average annual | N/A | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 80.8 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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