Property investors have seen a 2.6% gain in MAIDSTONE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on MAIDSTONE, 3012 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 13.26%.
Based on its average 5-year and quarterly capital gains MAIDSTONE, 3012 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 $790,000
Profits averaged 11.6% per annum over a 3-year period, due to an upward trend in home prices in MAIDSTONE, 3012.
This means, real estate investors could earn a rental income of $420 based on current median home prices for the suburb.
The gross rental yield in MAIDSTONE, 3012 is 2.76%.
An average of 7.92 real estate transactions take place per month in MAIDSTONE which translates to 95 per annum.
Property investments in MAIDSTONE did not fare well against the rest of the country last year, registering a median home price decrease of 1%.
Figures from the previous quarter show that capital gains for real estate buyers in MAIDSTONE are low, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In MAIDSTONE, homes and units usually stay on listing for an average of 54.0 days.
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 $505,000
Investors saw the median home price rise to $505,000.
MAIDSTONE ranks 192nd on the list of best yielding suburbs for rental properties in VIC, posting a 3.91% return.
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