AREA REPORTS

Flemington

 

 

Suburb Profile

Flemington - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3031

house
unit

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 5.95% growth over a ten-year period. It ranks 1309th 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 -2.5% for the past year, which is lower than average compared to its 48.29% growth within a five-year period.

With the median home price in FLEMINGTON sitting at $975,000, and the average rent at $545, property owners could potentially earn a 2.91% 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.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $975,000 $437,500
GROWTH REPORT
Median Quarterly -5.29% 0.17%
Median 12 month -2.5% 1.69%
Median 3 years 29.14% 0.34%
Median 5 years 48.29% 36.29%
10 years average annual 5.95% 4.27%
Weekly media advert. rent $545 $382.5
Time on Market 61.8 days 56.3 days
Gross Rental Yield Percent 2.91% 4.55%
demographics (median values)
Total Population
7377
Weekly Household Income
742.8
Household Size
2.20
demographics
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