Office investment in Melbourne is boosting resi investment
Melbourne has been listed as an international investment hotspot and its increase in office investment is helping push up residential invest...
Property investors have seen a -5.68% drop in HERBERTON based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains HERBERTON, 4887 saw average decrease in the long term.
The QLD 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 $207,500
The gross rental yield in HERBERTON, 4887 is 0%.
An average of 1 real estate transactions take place per month in HERBERTON which translates to 12 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $207,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -5.68% | N/A |
| Median 12 month | -0.95% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | -13.54% | N/A |
| 10 years average annual | 3.32% | 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 |
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