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Maribyrnong

Suburb Profile

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

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MARIBYRNONG, 3032 ranks 972nd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 5.85% for property investors.

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 $995,000.

The upward trend in home prices in MARIBYRNONG, 3032 averaged 2.25% per annum over a 3-year period.

Average weekly rents on listings have reached the $550 mark, reflecting a 2.87% increase in returns based on the current median price in MARIBYRNONG.

An average of 6.83 real estate transactions take place per month in MARIBYRNONG which translates to 82 per annum.

82 properties were sold in MARIBYRNONG in 2016, making it the 57th most active market in VIC based on total real estate transactions.

MARIBYRNONG, 3032 places 205th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $995,000 $515,000
GROWTH REPORT
Median Quarterly 2.9% 0%
Median 12 month 5.85% 17.05%
Median 3 years 6.76% 11.96%
Median 5 years 32.14% 9.57%
10 years average annual 4.79% 1.84%
Weekly media advert. rent $550 $400
Time on Market 74.1 days 82.6 days
Gross Rental Yield Percent 2.87% 4.04%
demographics (median values)
Total Population
8237
Weekly Household Income
1130
Household Size
2.60
demographics
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