The Property Policies Both Major Parties Are Peddling
Today’s (21 May) the last day for Australians to vote in the federal election. Here, we’ll be recapping the major pr...
Property investors have seen a 1.74% gain in BURNSIDE HEIGHTS based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BURNSIDE HEIGHTS, 3023 saw average growth in the long term.
The VIC 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 $700,000
Profits averaged 3.41% per annum over a 3-year period, due to an upward trend in home prices in BURNSIDE HEIGHTS, 3023.
This means, real estate investors could earn a rental income of $430 based on current median home prices for the suburb.
The gross rental yield in BURNSIDE HEIGHTS, 3023 is 3.19%.
An average of 5.92 real estate transactions take place per month in BURNSIDE HEIGHTS which translates to 71 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.87%||N/A|
|Median 3 years||10.24%||N/A|
|Median 5 years||32.08%||N/A|
|10 years average annual||5.52%||N/A|
|Weekly media advert. rent||$430||N/A|
|Time on Market||27.2 days||N/A|
|Gross Rental Yield Percent||3.19%||N/A|