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AREA REPORTS

Laverton

Suburb Profile

Laverton - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3028

house
unit

Property investors have seen a -2.07% drop in LAVERTON based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains LAVERTON, 3028 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 $555,000

Profits averaged 12.92% per annum over a 3-year period, due to an upward trend in home prices in LAVERTON, 3028.

This means, real estate investors could earn a rental income of $345 based on current median home prices for the suburb.

The gross rental yield in LAVERTON, 3028 is 3.23%.

An average of 5.58 real estate transactions take place per month in LAVERTON which translates to 67 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $555,000 $425,000
GROWTH REPORT
Median Quarterly -2.07% 0%
Median 12 month -3.14% -1.39%
Median 3 years 38.75% N/A
Median 5 years 63.24% 41.67%
10 years average annual 7.68% 13.27%
Weekly media advert. rent $345 $380
Time on Market 90.9 days 84.5 days
Gross Rental Yield Percent 3.23% 4.65%
demographics (median values)
Total Population
4509
Weekly Household Income
784.5
Household Size
2.60
demographics
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