VIC/
Niddrie

Suburb Profile

Niddrie - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3042

house
unit

Based on its average 5-year and quarterly capital gains NIDDRIE, 3042 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that NIDDRIE, 3042 obtained a 9.68% growth over a ten-year period. It ranks 71st on our list of suburbs that property investors should look into.

NIDDRIE, 3042 in VIC belongs to the local government area of Moonee Valley.

NIDDRIE, 3042 has a capital gain of 15.23% for the past year, which is higher than average compared to its 52.46% growth within a five-year period.

With the median home price in NIDDRIE sitting at $991,000, and the average rent at $425, property owners could potentially earn a 2.23% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in NIDDRIE are low, as opposed to average gains per annum over the past five years.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $991,000 $632,250
GROWTH REPORT
Median Quarterly 9.5% -3.25%
Median 12 month 15.23% 9.01%
Median 3 years 34.74% 29.43%
Median 5 years 52.46% 34.52%
10 years average annual 9.68% 5.48%
Weekly media advert. rent $425 $410
Time on Market 60.0 days 56.2 days
Gross Rental Yield Percent 2.23% 3.37%
demographics (median values)
Total Population
4532
Weekly Household Income
1070
Household Size
2.50
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