A steady increase in median property prices over a five-year period in the suburb translates to a 19.05% capital gain.
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 $1,500,000.
Profits due to an upward trend in home prices there averaged 6.35% per annum over a 3-year period.
Home owners selling their properties and realtors in VERRIERDALE usually have to wait an average of N/A days before their assets are lifted off the market.
Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in VERRIERDALE.
VERRIERDALE, 4562 places th in Australia based on median property value growth during the quarter.