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AREA REPORTS

Hillside

Hillside - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3037

house
unit

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.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $675,000 $465,000
GROWTH REPORT
Median Quarterly 1.5% -0.53%
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%
demographics (median values)
Total Population
14414
Weekly Household Income
1293
Household Size
3.30
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