AREA REPORTS

Seddon

Suburb Profile

Seddon - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3011

house
unit

Property investors have seen a 4.83% gain in SEDDON based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains SEDDON, 3011 saw average growth in the long term.

The VIC 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 $1,030,000

Profits averaged 10.54% per annum over a 3-year period, due to an upward trend in home prices in SEDDON, 3011.

This means, real estate investors could earn a rental income of $545 based on current median home prices for the suburb.

The gross rental yield in SEDDON, 3011 is 2.75%.

An average of 5.75 real estate transactions take place per month in SEDDON which translates to 69 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,030,000 $545,000
GROWTH REPORT
Median Quarterly 4.83% 4.31%
Median 12 month 5.64% 20.44%
Median 3 years 31.61% 26.53%
Median 5 years 61.57% 40.1%
10 years average annual 7.12% 8.21%
Weekly media advert. rent $545 $380
Time on Market 56.5 days 0.0 days
Gross Rental Yield Percent 2.75% 3.63%
demographics (median values)
Total Population
4652
Weekly Household Income
1149
Household Size
2.30
demographics
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