Property investors have seen a 0.74% gain in UPWEY based on an increase in median home prices for the past three months.
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 $685,000
Profits averaged 14.24% 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 $440 based on current median home prices for the suburb.
The gross rental yield in UPWEY, 3158 is 3.34%.
An average of 8.08 real estate transactions take place per month in UPWEY which translates to 97 per annum.
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