VIC/
Hillside

Suburb Profile

Hillside - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3037

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Property investors have seen a 3.4% 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 17.74%.

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 $624,000

Profits averaged 13.94% 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 $390 based on current median home prices for the suburb.

The gross rental yield in HILLSIDE, 3037 is 3.25%.

An average of 16.75 real estate transactions take place per month in HILLSIDE which translates to 201 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $624,000 $435,000
GROWTH REPORT
Median Quarterly 3.4% N/A
Median 12 month 17.74% 8.75%
Median 3 years 41.82% 37.01%
Median 5 years 47.87% 28.7%
10 years average annual 7.6% 6.11%
Weekly media advert. rent $390 $360
Time on Market 55.2 days 38.1 days
Gross Rental Yield Percent 3.25% 4.3%
demographics (median values)
Total Population
14414
Weekly Household Income
1293
Household Size
3.30
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Hillside, VIC
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