REDBANK PLAINS 
2 MIN READFederal Election Results Revealed: What It Means For Investors
Australia has voted. Looking forward, here are the policies property purchasers, home owners, and investors can expect...
Read More
EppingEpping - SUBURB PROFILE REPORT
SHARE 
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 $665,000.
The upward trend in home prices in EPPING, 3076 averaged 3.61% per annum over a 3-year period.
Average weekly rents on listings have reached the $400 mark, reflecting a 3.13% increase in returns based on the current median price in EPPING.
An average of 34.83 real estate transactions take place per month in EPPING which translates to 418 per annum.
418 properties were sold in EPPING in 2016, making it the 251st most active market in VIC based on total real estate transactions.
EPPING, 3076 places 369th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $665,000 | $452,500 |
| GROWTH REPORT | ||
| Median Quarterly | 3.91% | 1.69% |
| Median 12 month | 11.48% | 10.37% |
| Median 3 years | 10.83% | 29.29% |
| Median 5 years | 44.41% | 33.09% |
| 10 years average annual | 6.03% | 3.78% |
| Weekly media advert. rent | $400 | $350 |
| Time on Market | 54.1 days | 68.7 days |
| Gross Rental Yield Percent | 3.13% | 4.02% |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
