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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 1.04% gain in LAVERTON based on an increase 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 $532,500

Profits averaged 6.11% 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 $350 based on current median home prices for the suburb.

The gross rental yield in LAVERTON, 3028 is 3.42%.

An average of 6.17 real estate transactions take place per month in LAVERTON which translates to 74 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $532,500 $515,000
GROWTH REPORT
Median Quarterly 1.04% 15.73%
Median 12 month -6.46% 20.96%
Median 3 years 18.33% 24.25%
Median 5 years 52.14% 59.44%
10 years average annual 5.64% 10.33%
Weekly media advert. rent $350 $375
Time on Market 88.0 days 97.7 days
Gross Rental Yield Percent 3.42% 3.79%
demographics (median values)
Total Population
4509
Weekly Household Income
784.5
Household Size
2.60
demographics
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