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Seaholme
AREA REPORTS

Seaholme

Seaholme - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3018

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

The 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 $1,215,750.

The upward trend in home prices in SEAHOLME, 3018 averaged 6.01% per annum over a 3-year period.

Average weekly rents on listings have reached the $450 mark, reflecting a 1.92% increase in returns based on the current median price in SEAHOLME.

An average of 2.5 real estate transactions take place per month in SEAHOLME which translates to 30 per annum.

30 properties were sold in SEAHOLME in 2016, making it the 354th most active market in VIC based on total real estate transactions.

SEAHOLME, 3018 places 593rd in Australia based on median property value growth during the quarter.

Data report can be found below

Seaholme
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,215,750 N/A
GROWTH REPORT
Median Quarterly 1.74% N/A
Median 12 month 30.03% N/A
Median 3 years 18.03% N/A
Median 5 years 39.74% N/A
10 years average annual 7.3% N/A
Weekly media advert. rent $450 N/A
Time on Market 46.3 days N/A
Gross Rental Yield Percent 1.92% N/A
demographics (median values)*
Total Population
12689
Weekly Household Income
1440
Household Size
2.30
Age
42
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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