Property investors have seen a 2.94% gain in SYDENHAM based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on SYDENHAM, 3037 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 11.7%.
Based on its average 5-year and quarterly capital gains SYDENHAM, 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 $525,000
Profits averaged 9.33% per annum over a 3-year period, due to an upward trend in home prices in SYDENHAM, 3037.
This means, real estate investors could earn a rental income of $370 based on current median home prices for the suburb.
The gross rental yield in SYDENHAM, 3037 is 3.66%.
An average of 7.5 real estate transactions take place per month in SYDENHAM which translates to 90 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||11.7%||2.42%|
|Median 3 years||27.99%||13.61%|
|Median 5 years||28.05%||12.67%|
|10 years average annual||6.37%||4.57%|
|Weekly media advert. rent||$370||$340|
|Time on Market||32.8 days||89.4 days|
|Gross Rental Yield Percent||3.66%||5.23%|