Vermont

POSTAL CODE: VIC, 3133

HOUSE

UNIT

Based on its average 5-year and quarterly capital gains VERMONT, 3133 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 VERMONT, 3133 obtained a 4.94% growth over a ten-year period. It ranks 3197th on our list of suburbs that property investors should look into.

VERMONT, 3133 in VIC belongs to the local government area of Whitehorse.

VERMONT, 3133 has a capital gain of 3.49% for the past year, which is lower than average compared to its 33.5% growth within a five-year period.

With the median home price in VERMONT sitting at $1,335,000, and the average rent at $650, property owners could potentially earn a 2.53% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in VERMONT 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 VERMONT, 3133 translates to a 6.75% capital gain.

VERMONT, 3133 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 $846,500.

Profits due to an upward trend in home prices in VERMONT, 3133 averaged 2.25% per annum over a 3-year period.

Home owners selling their properties and realtors in VERMONT usually have to wait an average of 63.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $630 mark, reflecting a 3.87% increase in returns based on the current median price in VERMONT.

VERMONT, 3133 places 284th in Australia based on median property value growth during the quarter.

Surburb overview

Vermont is a suburb located approximately 21 kilometres east of Melbourne's Central Business District, within the Cities of Maroondah and Whitehorse. According to the 2021 Census, it has a population of 10,993 residents.

The name "Vermont" is derived from the French term for "Green Hill," reflecting the suburb's lush, elevated landscape. Vermont borders Mitcham to the north, Nunawading and Forest Hill to the west, Vermont South to the south, and Wantirna and Ringwood to the east.

The suburb is known for its quiet, neighbourly atmosphere, making it a popular family choice. Vermont offers a variety of primary and secondary schools, including Vermont Secondary College, Emmaus College, Vermont Primary, and St. Timothy's Primary. Recreational facilities are abundant, with parklands and reserves such as Bellbird Dell Reserve, the Vermont Tennis Club and Morack Golf Course providing ample outdoor activities.

Regarding housing, the median sale price in Vermont is approximately $1,285,500 for houses and $955,000 for units. Rental yields are around 2.76% for houses and 3.31% for units.

Vermont offers a blend of residential living, essential services, and recreational opportunities, making it an attractive suburb for families and individuals seeking a balanced lifestyle.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,335,000	$846,500
Growth Report
Median Quarterly	2.3%	-0.41%
Median 12 month	3.49%	-9.9%
Median 3 years	11.25%	6.75%
Median 5 years	33.5%	14.39%
10 years average annual	4.94%	3.46%
Weekly media advert. rent	$650	$630
Time on Market	50.2 days	63.6 days
Gross Rental Yield Percent	2.53%	3.87%

Demographics (Median Values)*

Total Population 22125

Weekly Household Income 1664

Household Size 2.80

Average Age 42

Monthly Loan Repayment 2000

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type