AREA REPORTS

Pascoe Vale South

Suburb Profile

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

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 32.04% capital gain.

Property investors in PASCOE VALE SOUTH enjoyed capital gains of 6.11% over the last 12 months translating to lower returns compared with its peers in the territory.

The 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 $955,000.

Profits due to an upward trend in home prices there averaged 10.68% per annum over a 3-year period.

Home owners selling their properties and realtors in PASCOE VALE SOUTH usually have to wait an average of 42.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $450 mark, reflecting a 2.45% increase in returns based on the current median price in PASCOE VALE SOUTH.

PASCOE VALE SOUTH, 3044 places 521st in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $955,000 $650,000
GROWTH REPORT
Median Quarterly -1.6% N/A
Median 12 month 6.11% 27.2%
Median 3 years 32.04% 46.07%
Median 5 years 53.54% 48.57%
10 years average annual 6.84% 7.93%
Weekly media advert. rent $450 $400
Time on Market 42.3 days 48.8 days
Gross Rental Yield Percent 2.45% 3.2%
demographics (median values)
Total Population
8699
Weekly Household Income
1092
Household Size
2.60
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