House Prices To Add Another 20% If Banks Don't Slam The Brakes
Chatter about the possible introduction of macro prudential controls to slow house price growth is increasing, while rep...
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 $1,055,000.
Average weekly rents on listings have reached the $520 mark, reflecting a 2.56% increase in returns based on the current median price in TRAVANCORE.
An average of 1.08 real estate transactions take place per month in TRAVANCORE which translates to 13 per annum.
13 properties were sold in TRAVANCORE in 2016, making it the 642nd most active market in VIC based on total real estate transactions.
TRAVANCORE, 3032 places 690th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||-0.16%|
|Median 3 years||N/A||-3.02%|
|Median 5 years||5.5%||-3.02%|
|10 years average annual||N/A||-3.24%|
|Weekly media advert. rent||$520||$390|
|Time on Market||0.0 days||49.4 days|
|Gross Rental Yield Percent||2.56%||5.97%|