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Bulleen
AREA REPORTS

Bulleen

Bulleen - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3105

house
unit

Based on its average 5-year and quarterly capital gains BULLEEN, 3105 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 BULLEEN, 3105 obtained a 6.9% growth over a ten-year period. It ranks 1500th on our list of suburbs that property investors should look into.

BULLEEN, 3105 in VIC belongs to the local government area of Manningham (C).

BULLEEN, 3105 has a capital gain of 17.44% for the past year, which is higher than average compared to its 16.24% growth within a five-year period.

With the median home price in BULLEEN sitting at $1,360,000, and the average rent at $520, property owners could potentially earn a 1.99% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in BULLEEN are high, as opposed to average gains per annum over the past five years.

Data report can be found below

Bulleen
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,360,000 $820,000
GROWTH REPORT
Median Quarterly 4.62% 7.19%
Median 12 month 17.44% 2.5%
Median 3 years 13.33% 37.24%
Median 5 years 16.24% 3.8%
10 years average annual 6.9% 5.42%
Weekly media advert. rent $520 $462.5
Time on Market 82.6 days 75.4 days
Gross Rental Yield Percent 1.99% 2.93%
demographics (median values)*
Total Population
10873
Weekly Household Income
1501
Household Size
2.70
Age
45
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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