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Property investors have seen a 8.52% 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 $1,432,500
Profits averaged 3.33% 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 $520 based on current median home prices for the suburb.
The gross rental yield in ABERFELDIE, 3040 is 1.89%.
An average of 2.67 real estate transactions take place per month in ABERFELDIE which translates to 32 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,432,500 | $993,500 |
| GROWTH REPORT | ||
| Median Quarterly | 8.52% | 3.49% |
| Median 12 month | -0.69% | N/A |
| Median 3 years | 9.98% | 49.4% |
| Median 5 years | 40.79% | 114.81% |
| 10 years average annual | 5.24% | 5.57% |
| Weekly media advert. rent | $520 | $540 |
| Time on Market | 58.4 days | 0.0 days |
| Gross Rental Yield Percent | 1.89% | 2.83% |
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