Sombre figures point to a deceleration in CBD revival
The rate of workers returning to the office has decelerated nationwide, suggesting there is a long way to go to before Australia’s commerc...
Property investors enjoyed capital gains of 20.45% over the last 12 months in SELBY, translating to lower returns compared with its peers in VIC.
Figures from the previous quarter show that capital gains for real estate buyers in SELBY are low, as opposed to average gains per annum over the past five years.
The suburb posted a 17.16% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in SELBY.
SELBY, 3159 ranks 51st in VIC in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 724th on the list of best yielding suburbs for rental properties in VIC, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $727,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.63% | N/A |
| Median 12 month | 20.45% | N/A |
| Median 3 years | 17.16% | N/A |
| Median 5 years | 60.95% | N/A |
| 10 years average annual | 6.35% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 19.7 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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