Property investors have seen a 3.4% gain in HILLSIDE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on HILLSIDE, 3037 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 17.74%.
Based on its average 5-year and quarterly capital gains HILLSIDE, 3037 saw average growth in the long term.
The VIC suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $624,000
Profits averaged 13.94% per annum over a 3-year period, due to an upward trend in home prices in HILLSIDE, 3037.
This means, real estate investors could earn a rental income of $390 based on current median home prices for the suburb.
The gross rental yield in HILLSIDE, 3037 is 3.25%.
An average of 16.75 real estate transactions take place per month in HILLSIDE which translates to 201 per annum.
Property investments in HILLSIDE fare well against the rest of the country last year, registering a median home price increase of 8.75%.
This means, real estate investors could earn a rental income of $360 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In HILLSIDE, homes and units usually stay on listing for an average of 38.1 days.
the VIC suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $435,000
Investors saw the median home price rise to $435,000.
HILLSIDE ranks 138th on the list of best yielding suburbs for rental properties in VIC, posting a 4.3% return.
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