5 Ways To Finance Your Renovation
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Property investors have seen a 0.84% gain in UPWEY based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on UPWEY, 3158 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 18.5%.
Based on its average 5-year and quarterly capital gains UPWEY, 3158 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 $899,444
Profits averaged 9.48% per annum over a 3-year period, due to an upward trend in home prices in UPWEY, 3158.
This means, real estate investors could earn a rental income of $475 based on current median home prices for the suburb.
The gross rental yield in UPWEY, 3158 is 2.75%.
An average of 9.17 real estate transactions take place per month in UPWEY which translates to 110 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||18.5%||N/A|
|Median 3 years||28.45%||N/A|
|Median 5 years||54.01%||N/A|
|10 years average annual||8.34%||N/A|
|Weekly media advert. rent||$475||N/A|
|Time on Market||16.4 days||N/A|
|Gross Rental Yield Percent||2.75%||N/A|