Suburb Profile
Epping - FREE SUBURB PROFILE REPORT POSTAL CODE: VIC,3076
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 $601,000.
The upward trend in home prices in EPPING, 3076 averaged 18.37% per annum over a 3-year period.
Average weekly rents on listings have reached the $365 mark, reflecting a 3.16% increase in returns based on the current median price in EPPING.
An average of 35.33 real estate transactions take place per month in EPPING which translates to 424 per annum.
424 properties were sold in EPPING in 2016, making it the 222nd most active market in VIC based on total real estate transactions.
EPPING, 3076 places 88th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $601,000 | $389,000 |
| GROWTH REPORT | ||
| Median Quarterly | 6% | 0.86% |
| Median 12 month | 25.21% | 8.06% |
| Median 3 years | 55.1% | 21.94% |
| Median 5 years | 69.3% | 29.71% |
| 10 years average annual | 7.81% | 4.53% |
| Weekly media advert. rent | $365 | $330 |
| Time on Market | 47.6 days | 43.9 days |
| Gross Rental Yield Percent | 3.16% | 4.41% |
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