Property investors have seen a 5.18% 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 15.49%.
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 $589,000
Profits averaged 11.54% 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 $380 based on current median home prices for the suburb.
The gross rental yield in HILLSIDE, 3037 is 3.35%.
An average of 19.92 real estate transactions take place per month in HILLSIDE which translates to 239 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||15.49%||9.33%|
|Median 3 years||34.63%||31.2%|
|Median 5 years||44.19%||25.86%|
|10 years average annual||7.27%||5.87%|
|Weekly media advert. rent||$380||$350|
|Time on Market||47.5 days||31.3 days|
|Gross Rental Yield Percent||3.35%||4.44%|