Property investors enjoyed capital gains of 20.59% over the last 12 months in KEILOR DOWNS, translating to lower returns compared with its peers in VIC.
A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 8.88% growth over a ten-year period. It ranks 283rd on our list of suburbs that property investors should look into.
KEILOR DOWNS, 3038 has a capital gain of 20.59% for the past year, which is higher than average compared to its 53.75% growth within a five-year period.
With the median home price in KEILOR DOWNS sitting at $615,000, and the average rent at $380, property owners could potentially earn a 3.21% increase in gross rental yield.
A 20.59% increase in median property prices in KEILOR DOWNS, 3038 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 91st.
Figures from the previous quarter show that capital gains for real estate buyers in KEILOR DOWNS are low, as opposed to average gains per annum over the past five years.
KEILOR DOWNS, 3038 in VIC belongs to the local government area of Brimbank.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||20.59%||2.44%|
|Median 3 years||43.69%||11.75%|
|Median 5 years||53.75%||12.29%|
|10 years average annual||8.88%||5.82%|
|Weekly media advert. rent||$380||$335|
|Time on Market||59.9 days||0.0 days|
|Gross Rental Yield Percent||3.21%||4.47%|