AREA REPORTS

Sydenham

VIC/
Sydenham

Suburb Profile

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

house
unit

Property investors have seen a 2.56% 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 10.69%.

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 $620,000

Profits averaged 16.41% 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 $385 based on current median home prices for the suburb.

The gross rental yield in SYDENHAM, 3037 is 3.23%.

An average of 6.75 real estate transactions take place per month in SYDENHAM which translates to 81 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $620,000 $420,000
GROWTH REPORT
Median Quarterly 2.56% 6.87%
Median 12 month 10.69% 22.63%
Median 3 years 49.22% 45.08%
Median 5 years 51.77% 37.93%
10 years average annual 7.21% 5.84%
Weekly media advert. rent $385 $350
Time on Market 52.5 days 38.9 days
Gross Rental Yield Percent 3.23% 4.33%
demographics (median values)
Total Population
9642
Weekly Household Income
1130
Household Size
3.10
demographics
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