VIC/
Derrimut

Suburb Profile

Derrimut - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3030

house

Property investors have seen a 2.39% gain in DERRIMUT based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on DERRIMUT, 3030 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 16.98%.

Based on its average 5-year and quarterly capital gains DERRIMUT, 3030 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 $620,000

Profits averaged 14.45% per annum over a 3-year period, due to an upward trend in home prices in DERRIMUT, 3030.

This means, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

The gross rental yield in DERRIMUT, 3030 is 3.35%.

An average of 7.83 real estate transactions take place per month in DERRIMUT which translates to 94 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $620,000 N/A
GROWTH REPORT
Median Quarterly 2.39% N/A
Median 12 month 16.98% N/A
Median 3 years 43.35% N/A
Median 5 years 53.09% N/A
10 years average annual 6.67% N/A
Weekly media advert. rent $400 N/A
Time on Market 36.3 days N/A
Gross Rental Yield Percent 3.35% N/A
demographics (median values)
Total Population
1499
Weekly Household Income
1374
Household Size
3.40
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Derrimut, VIC
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