Based on its average 5-year and quarterly capital gains IVANHOE EAST, 3079 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 IVANHOE EAST, 3079 obtained a 4.64% growth over a ten-year period. It ranks 3187th on our list of suburbs that property investors should look into.
IVANHOE EAST, 3079 in VIC belongs to the local government area of Banyule.
IVANHOE EAST, 3079 has a capital gain of -0.24% for the past year, which is lower than average compared to its 28.48% growth within a five-year period.
With the median home price in IVANHOE EAST sitting at $2,454,000, and the average rent at $875, property owners could potentially earn a 1.85% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in IVANHOE EAST are low, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in IVANHOE EAST, 3079 translates to a 0% capital gain.
IVANHOE EAST, 3079 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 $1,130,000.
Profits due to an upward trend in home prices in IVANHOE EAST, 3079 averaged 0% per annum over a 3-year period.
Home owners selling their properties and realtors in IVANHOE EAST usually have to wait an average of 62 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $575 mark, reflecting a 2.65% increase in returns based on the current median price in IVANHOE EAST.
IVANHOE EAST, 3079 places 283rd in Australia based on median property value growth during the quarter.