BENDIGO 
1 MIN READ‘Budget Needs To Target Housing Choice And Affordability In Regions’
While the upcoming federal budget is expected to focus on job creation, experts believe an opportunity exists for a “p...
Read More
North WarrandyteNorth Warrandyte - SUBURB PROFILE REPORT
SHARE 
Property investors have seen a 11.28% gain in NORTH WARRANDYTE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on NORTH WARRANDYTE, 3113 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 35.12%.
Based on its average 5-year and quarterly capital gains NORTH WARRANDYTE, 3113 saw average growth in the long term.
The VIC suburb also 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 $1,108,000
Profits averaged 8.64% per annum over a 3-year period, due to an upward trend in home prices in NORTH WARRANDYTE, 3113.
This means, real estate investors could earn a rental income of $612.5 based on current median home prices for the suburb.
The gross rental yield in NORTH WARRANDYTE, 3113 is 2.87%.
An average of 3.08 real estate transactions take place per month in NORTH WARRANDYTE which translates to 37 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,108,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 11.28% | N/A |
| Median 12 month | 35.12% | N/A |
| Median 3 years | 25.91% | N/A |
| Median 5 years | 69.81% | N/A |
| 10 years average annual | 6.38% | N/A |
| Weekly media advert. rent | $612.5 | N/A |
| Time on Market | 61.9 days | N/A |
| Gross Rental Yield Percent | 2.87% | N/A |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
