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Flemington
AREA REPORTS

Flemington

Flemington - 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 6.74% growth over a ten-year period. It ranks 1162nd 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 20.65% for the past year, which is higher than average compared to its 48.19% growth within a five-year period.

With the median home price in FLEMINGTON sitting at $1,230,000, and the average rent at $520, property owners could potentially earn a 2.2% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in FLEMINGTON are high, as opposed to average gains per annum over the past five years.

Data report can be found below

Flemington
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,230,000 $488,500
GROWTH REPORT
Median Quarterly 18.84% 1.24%
Median 12 month 20.65% -11.19%
Median 3 years 26.15% 9.53%
Median 5 years 48.19% 20.62%
10 years average annual 6.74% 3.49%
Weekly media advert. rent $520 $350
Time on Market 49.8 days 38.9 days
Gross Rental Yield Percent 2.2% 3.73%
demographics (median values)*
Total Population
18531
Weekly Household Income
1626
Household Size
2.20
Age
33
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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