VIC/
Maribyrnong

Suburb Profile

Maribyrnong - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3032

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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,005,000.

The upward trend in home prices in MARIBYRNONG, 3032 averaged 11.04% per annum over a 3-year period.

Average weekly rents on listings have reached the $475 mark, reflecting a 2.46% increase in returns based on the current median price in MARIBYRNONG.

An average of 9.92 real estate transactions take place per month in MARIBYRNONG which translates to 119 per annum.

119 properties were sold in MARIBYRNONG in 2016, making it the 670th most active market in VIC based on total real estate transactions.

MARIBYRNONG, 3032 places 453rd in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,005,000 $480,444
GROWTH REPORT
Median Quarterly 0.55% -0.94%
Median 12 month 5.24% 0.96%
Median 3 years 33.11% 6.06%
Median 5 years 70.34% 11.73%
10 years average annual 6.43% 4.15%
Weekly media advert. rent $475 $395
Time on Market 50.4 days 83.1 days
Gross Rental Yield Percent 2.46% 4.28%
demographics (median values)
Total Population
8237
Weekly Household Income
1130
Household Size
2.60
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Maribyrnong, VIC
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