Property Market Update: Melbourne, September 2021
Melbourne’s property market kept the ball rolling in September as the city’s dwelling values rose once more during t...
AGNES BANKS, 2753 ranks 492nd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 28.57% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,305,000.
The upward trend in home prices in AGNES BANKS, 2753 averaged 18.76% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in AGNES BANKS.
An average of 1.33 real estate transactions take place per month in AGNES BANKS which translates to 16 per annum.
16 properties were sold in AGNES BANKS in 2016, making it the 1137th most active market in NSW based on total real estate transactions.
AGNES BANKS, 2753 places 1433rd in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||28.57%||N/A|
|Median 3 years||56.29%||N/A|
|Median 5 years||85.24%||N/A|
|10 years average annual||11.02%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|