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HillsideHillside - SUBURB PROFILE REPORT
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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 Price | $730,000 | $493,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.69% | -1.1% |
| 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% |
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