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Property investors have seen a 1.5% gain in HILLSIDE based on an increase in median home prices for the past three months.
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 $675,000
Profits averaged 4.17% 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 $410 based on current median home prices for the suburb.
The gross rental yield in HILLSIDE, 3037 is 3.16%.
An average of 11.75 real estate transactions take place per month in HILLSIDE which translates to 141 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.3%||0%|
|Median 3 years||12.5%||16.25%|
|Median 5 years||45.16%||33.62%|
|10 years average annual||4.98%||3.96%|
|Weekly media advert. rent||$410||$362.5|
|Time on Market||60.1 days||0.0 days|
|Gross Rental Yield Percent||3.16%||4.05%|