Victorian land sales strong despite restrictions
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The suburb’s capital gain of 2.15% for the past year is lower than average compared to its 18.68% growth within a five-year period.
Also in EMERTON, the median home price is sitting at $475,000, and the average rent at $310, this suggests property owners could potentially earn a 3.39% increase in gross rental yield.
Property investors have seen a 0.53% gain in EMERTON 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 7.53% growth over a ten-year period. It ranks 300th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $475,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.53% | N/A |
| Median 12 month | 2.15% | N/A |
| Median 3 years | -4.23% | N/A |
| Median 5 years | 18.68% | N/A |
| 10 years average annual | 7.53% | N/A |
| Weekly media advert. rent | $310 | N/A |
| Time on Market | 68.2 days | N/A |
| Gross Rental Yield Percent | 3.39% | N/A |
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