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Pascoe Vale

Suburb Profile

Pascoe Vale - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3044

house
unit

Property investors enjoyed capital gains of 12.44% over the last 12 months in PASCOE VALE, translating to lower returns compared with its peers in VIC.

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

The suburb posted a 12.44% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $430 based on current median home prices for the suburb.

On average, rents on listings have reached the $430 mark, reflecting a 2.55% increase in returns based on the current median price in PASCOE VALE.

PASCOE VALE, 3044 ranks 126th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 479th on the list of best yielding suburbs for rental properties in VIC, posting a 2.55% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $877,000 $610,000
GROWTH REPORT
Median Quarterly 1.68% -0.16%
Median 12 month 12.44% -1.21%
Median 3 years 12.44% 17.2%
Median 5 years 41.74% 28.42%
10 years average annual 5.22% 4.04%
Weekly media advert. rent $430 $400
Time on Market 93.5 days 65.9 days
Gross Rental Yield Percent 2.55% 3.41%
demographics (median values)
Total Population
13558
Weekly Household Income
900.7
Household Size
2.40
demographics
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