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BelgraveBelgrave - SUBURB PROFILE REPORT
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Property investors have seen a 2.26% gain in BELGRAVE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BELGRAVE, 3160 saw average growth in the long term.
The VIC suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $678,000
Profits averaged 3.41% per annum over a 3-year period, due to an upward trend in home prices in BELGRAVE, 3160.
This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
The gross rental yield in BELGRAVE, 3160 is 3.45%.
An average of 5.08 real estate transactions take place per month in BELGRAVE which translates to 61 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $678,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.26% | N/A |
| Median 12 month | 6.77% | N/A |
| Median 3 years | 10.24% | N/A |
| Median 5 years | 41.25% | N/A |
| 10 years average annual | 6.09% | N/A |
| Weekly media advert. rent | $450 | N/A |
| Time on Market | 32.8 days | N/A |
| Gross Rental Yield Percent | 3.45% | N/A |
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