BENDIGO 
1 MIN READCapital Cities Head For Second Busiest Week Of Auctions In 2021
Scheduled auctions are swelling across the capital cities, with Sydney and Melbourne leading the charge. ...
Read More
Risdon ValeRisdon Vale - SUBURB PROFILE REPORT
SHARE 
Property investors have seen a 0% gain in RISDON VALE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains RISDON VALE, 7016 saw average growth in the long term.
The TAS 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 $323,500
Profits averaged 18.76% per annum over a 3-year period, due to an upward trend in home prices in RISDON VALE, 7016.
This means, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
The gross rental yield in RISDON VALE, 7016 is 6.11%.
An average of 5 real estate transactions take place per month in RISDON VALE which translates to 60 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $323,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 8.74% | N/A |
| Median 3 years | 56.28% | N/A |
| Median 5 years | 89.74% | N/A |
| 10 years average annual | 6.5% | N/A |
| Weekly media advert. rent | $380 | N/A |
| Time on Market | 23.6 days | N/A |
| Gross Rental Yield Percent | 6.11% | N/A |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
