VIC/
Niddrie

Suburb Profile

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

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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 8.99% growth over a ten-year period. It ranks 222nd 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 16.74% for the past year, which is higher than average compared to its 67.17% growth within a five-year period.

With the median home price in NIDDRIE sitting at $1,056,500, and the average rent at $450, property owners could potentially earn a 2.21% 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 $1,056,500 $610,000
GROWTH REPORT
Median Quarterly 2.57% N/A
Median 12 month 16.74% -5.72%
Median 3 years 39.93% 41.7%
Median 5 years 67.17% 26.69%
10 years average annual 8.99% 5.06%
Weekly media advert. rent $450 $422.5
Time on Market 39.7 days 56.2 days
Gross Rental Yield Percent 2.21% 3.6%
demographics (median values)
Total Population
4532
Weekly Household Income
1070
Household Size
2.50
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Niddrie, VIC
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