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8 MIN READProperty 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...
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Hodgson ValeHodgson Vale - SUBURB PROFILE REPORT
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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $700,000.
The upward trend in home prices in HODGSON VALE, 4352 averaged 3.85% 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 HODGSON VALE.
An average of 1.75 real estate transactions take place per month in HODGSON VALE which translates to 21 per annum.
21 properties were sold in HODGSON VALE in 2016, making it the 595th most active market in QLD based on total real estate transactions.
HODGSON VALE, 4352 places 613th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $700,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.94% | N/A |
| Median 12 month | 16.18% | N/A |
| Median 3 years | 11.55% | N/A |
| Median 5 years | 22.27% | N/A |
| 10 years average annual | 4.02% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 39.7 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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