Is it time to invest regionally?
Despite much of the real estate focus being on Sydney and Melbourne, regional Australia is performing just as well, a property researcher ha...
Property investors have seen a -3.93% drop in ABERFELDIE based on a decrease in median home prices for the past three months.
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 $1,345,000
Profits averaged 2.29% 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 $500 based on current median home prices for the suburb.
The gross rental yield in ABERFELDIE, 3040 is 1.93%.
An average of 3 real estate transactions take place per month in ABERFELDIE which translates to 36 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,345,000 | $960,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.93% | N/A |
| Median 12 month | -15.94% | 48.84% |
| Median 3 years | 6.87% | 212.7% |
| Median 5 years | 34.5% | 69.91% |
| 10 years average annual | 7.56% | 36.33% |
| Weekly media advert. rent | $500 | $445 |
| Time on Market | 62.9 days | 0.0 days |
| Gross Rental Yield Percent | 1.93% | 2.41% |
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