AREA REPORTS

Wantirna South

 

 

VIC/
Wantirna south

Suburb Profile

Wantirna South - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3152

house
unit

Based on its average 5-year and quarterly capital gains WANTIRNA SOUTH, 3152 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 WANTIRNA SOUTH, 3152 obtained a 7.83% growth over a ten-year period. It ranks 595th on our list of suburbs that property investors should look into.

WANTIRNA SOUTH, 3152 in VIC belongs to the local government area of Knox (C).

WANTIRNA SOUTH, 3152 has a capital gain of -3.18% for the past year, which is lower than average compared to its 67.54% growth within a five-year period.

With the median home price in WANTIRNA SOUTH sitting at $960,000, and the average rent at $490, property owners could potentially earn a 2.65% increase in gross rental yield.

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

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $960,000 $510,000
GROWTH REPORT
Median Quarterly -3.52% -0.77%
Median 12 month -3.18% 0%
Median 3 years 17.04% 4.08%
Median 5 years 67.54% 22.16%
10 years average annual 7.83% 4.52%
Weekly media advert. rent $490 $440
Time on Market 48.8 days 46.2 days
Gross Rental Yield Percent 2.65% 4.49%
demographics (median values)
Total Population
17947
Weekly Household Income
1204
Household Size
3.00
demographics
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