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Property investors have seen a 0.69% 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 $730,000
Profits averaged 4.39% 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 $420 based on current median home prices for the suburb.
The gross rental yield in HILLSIDE, 3037 is 2.99%.
An average of 18.42 real estate transactions take place per month in HILLSIDE which translates to 221 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.8%||0.2%|
|Median 3 years||13.18%||4.89%|
|Median 5 years||39.05%||31.03%|
|10 years average annual||6.07%||4.54%|
|Weekly media advert. rent||$420||$360|
|Time on Market||36.8 days||33.0 days|
|Gross Rental Yield Percent||2.99%||3.8%|