Victoria Breaks Residential Property Price Records
According to the Real Estate Institute of Victoria's (REIV) September quarter report, Victoria's residential median prop...
The suburb’s capital gain of 6.84% for the past year is lower than average compared to its 42.05% growth within a five-year period.
Also in SAMFORD VALLEY, the median home price is sitting at $1,250,000, and the average rent at $800, this suggests property owners could potentially earn a 3.33% increase in gross rental yield.
Property investors have seen a 4.17% gain in SAMFORD VALLEY 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 5.28% growth over a ten-year period. It ranks 1936th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.84%||N/A|
|Median 3 years||25.94%||N/A|
|Median 5 years||42.05%||N/A|
|10 years average annual||5.28%||N/A|
|Weekly media advert. rent||$800||N/A|
|Time on Market||65.2 days||N/A|
|Gross Rental Yield Percent||3.33%||N/A|