Property investors have seen a 3.26% gain in ABERFELDIE based on an increase 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 12.18% 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 4.83 real estate transactions take place per month in ABERFELDIE which translates to 58 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.67%||N/A|
|Median 3 years||36.55%||47.25%|
|Median 5 years||54.6%||N/A|
|10 years average annual||8.97%||15.49%|
|Weekly media advert. rent||$500||$340|
|Time on Market||77.4 days||74.1 days|
|Gross Rental Yield Percent||1.93%||2.64%|