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In order to alleviate financial pressure, owners who are unable to pay levies due to job loss or tenants not paying rent because of the ongo...
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Property investors have seen a -0.44% 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 $1,355,000
Profits averaged 1.82% 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 1.92%.
An average of 2.42 real estate transactions take place per month in ABERFELDIE which translates to 29 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,355,000 | $960,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.44% | 0.52% |
| Median 12 month | -8.91% | N/A |
| Median 3 years | 5.45% | 98.96% |
| Median 5 years | 30.92% | 85.51% |
| 10 years average annual | 6.16% | 12.73% |
| Weekly media advert. rent | $500 | $530 |
| Time on Market | 55.5 days | 68.1 days |
| Gross Rental Yield Percent | 1.92% | 2.87% |
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