Demand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
Based on its average 5-year and quarterly capital gains FLEMINGTON, 3031 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that FLEMINGTON, 3031 obtained a 7.64% growth over a ten-year period. It ranks 1095th on our list of suburbs that property investors should look into.
FLEMINGTON, 3031 in VIC belongs to the local government area of Moonee Valley (C).
FLEMINGTON, 3031 has a capital gain of 21.03% for the past year, which is higher than average compared to its 40.76% growth within a five-year period.
With the median home price in FLEMINGTON sitting at $1,295,000, and the average rent at $560, property owners could potentially earn a 2.25% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in FLEMINGTON are low, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||21.03%||0.93%|
|Median 3 years||42.5%||8.22%|
|Median 5 years||40.76%||27.49%|
|10 years average annual||7.64%||2.41%|
|Weekly media advert. rent||$560||$340|
|Time on Market||48.5 days||53.5 days|
|Gross Rental Yield Percent||2.25%||3.63%|