AREA REPORTS

Epping

 

 

VIC/
Epping

Suburb Profile

Epping - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3076

house
unit

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

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $602,000.

The upward trend in home prices in EPPING, 3076 averaged 16.83% per annum over a 3-year period.

Average weekly rents on listings have reached the $380 mark, reflecting a 3.28% increase in returns based on the current median price in EPPING.

An average of 29.83 real estate transactions take place per month in EPPING which translates to 358 per annum.

358 properties were sold in EPPING in 2016, making it the 269th most active market in VIC based on total real estate transactions.

EPPING, 3076 places 442nd 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 $602,000 $350,000
GROWTH REPORT
Median Quarterly -2.11% -6.29%
Median 12 month 6.55% -7.65%
Median 3 years 50.5% 1.74%
Median 5 years 63.36% 11.82%
10 years average annual 7.31% 3.36%
Weekly media advert. rent $380 $350
Time on Market 46.1 days 46.4 days
Gross Rental Yield Percent 3.28% 5.2%
demographics (median values)
Total Population
19222
Weekly Household Income
1060
Household Size
3.10
demographics
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