VIC/
Seddon

Suburb Profile

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

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Property investors have seen a -0.76% drop in SEDDON based on a decrease 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 $982,500

Profits averaged 11.51% 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 $530 based on current median home prices for the suburb.

The gross rental yield in SEDDON, 3011 is 2.81%.

An average of 6.58 real estate transactions take place per month in SEDDON which translates to 79 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $982,500 $490,000
GROWTH REPORT
Median Quarterly -0.76% 5.38%
Median 12 month 5.53% -1.71%
Median 3 years 34.54% 17.37%
Median 5 years 48.41% 24.05%
10 years average annual 6.81% 4.33%
Weekly media advert. rent $530 $380
Time on Market 58.5 days 0.0 days
Gross Rental Yield Percent 2.81% 4.03%
demographics (median values)
Total Population
4652
Weekly Household Income
1149
Household Size
2.30
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Seddon, VIC
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