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Taylors Lakes
AREA REPORTS

Taylors Lakes

Taylors Lakes - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3038

house
unit
TAYLORS LAKES ranks 637th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 11.39% for the past year is higher than average compared to its 38.04% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in TAYLORS LAKES, the median home price is sitting at $880,000, and the average rent at $450, this suggests property owners could potentially earn a 2.66% increase in gross rental yield.

Property investors have seen a 2.33% gain in TAYLORS LAKES based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on TAYLORS LAKES, 3038 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 11.39%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.98% growth over a ten-year period. It ranks 1963rd on our list of suburbs that property investors should look into.

Data report can be found below

Taylors Lakes
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $880,000 $475,000
GROWTH REPORT
Median Quarterly 2.33% -5.94%
Median 12 month 11.39% N/A
Median 3 years 16.79% N/A
Median 5 years 38.04% 19.05%
10 years average annual 5.98% 6.94%
Weekly media advert. rent $450 $370
Time on Market 44.8 days 0.0 days
Gross Rental Yield Percent 2.66% 4.05%
demographics (median values)*
Total Population
27262
Weekly Household Income
1654
Household Size
3.00
Age
41
Monthly Loan Repayment
1647
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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