Property investors have seen a 6.79% gain in ABERFELDIE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on ABERFELDIE, 3040 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 14.56%.
Based on its average 5-year and quarterly capital gains ABERFELDIE, 3040 saw average growth in the long term.
The VIC suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,495,000
Profits averaged 16.01% per annum over a 3-year period, due to an upward trend in home prices in ABERFELDIE, 3040.
This means, real estate investors could earn a rental income of $497.5 based on current median home prices for the suburb.
The gross rental yield in ABERFELDIE, 3040 is 1.73%.
An average of 3.67 real estate transactions take place per month in ABERFELDIE which translates to 44 per annum.
Property investments in ABERFELDIE did not fare well against the rest of the country last year, registering a median home price decrease of -5.45%.
This means, real estate investors could earn a rental income of $320 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In ABERFELDIE, homes and units usually stay on listing for an average of 0.0 days.
the VIC suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $633,500
Investors saw the median home price rise to $633,500.
ABERFELDIE ranks 366th on the list of best yielding suburbs for rental properties in VIC, posting a 2.63% return.
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