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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 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|