Based on its average 5-year and quarterly capital gains GREENVALE, 3059 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 GREENVALE, 3059 obtained a 4.05% growth over a ten-year period. It ranks 2018th on our list of suburbs that property investors should look into.
GREENVALE, 3059 in VIC belongs to the local government area of Hume.
GREENVALE, 3059 has a capital gain of 12.78% for the past year, which is higher than average compared to its 12.15% growth within a five-year period.
With the median home price in GREENVALE sitting at $600,000, and the average rent at $440, property owners could potentially earn a 3.81% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in GREENVALE are high, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||12.78%||18.49%|
|Median 3 years||11.21%||4.98%|
|Median 5 years||12.15%||N/A|
|10 years average annual||4.05%||2.25%|
|Weekly media advert. rent||$440||$340|
|Time on Market||78.3 days||0.0 days|
|Gross Rental Yield Percent||3.81%||4.09%|