Suburb Profile
Flemington - FREE SUBURB PROFILE REPORT POSTAL CODE: VIC,3031
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 8.31% growth over a ten-year period. It ranks 446th on our list of suburbs that property investors should look into.
FLEMINGTON, 3031 in VIC belongs to the local government area of Moonee Valley.
FLEMINGTON, 3031 has a capital gain of 20.28% for the past year, which is higher than average compared to its 73.23% growth within a five-year period.
With the median home price in FLEMINGTON sitting at $1,100,000, and the average rent at $550, property owners could potentially earn a 2.6% 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 Price | $1,100,000 | $429,000 |
| GROWTH REPORT | ||
| Median Quarterly | 5.31% | -0.86% |
| Median 12 month | 20.28% | 4.63% |
| Median 3 years | 52.35% | -1.7% |
| Median 5 years | 73.23% | 18.34% |
| 10 years average annual | 8.31% | 4.59% |
| Weekly media advert. rent | $550 | $375 |
| Time on Market | 33.5 days | 78.7 days |
| Gross Rental Yield Percent | 2.6% | 4.55% |
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