Based on its average 5-year and quarterly capital gains CAULFIELD NORTH, 3161 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that CAULFIELD NORTH, 3161 obtained a 6.44% growth over a ten-year period. It ranks 1142nd on our list of suburbs that property investors should look into.
CAULFIELD NORTH, 3161 in VIC belongs to the local government area of Glen Eira.
CAULFIELD NORTH, 3161 has a capital gain of -1.88% for the past year, which is lower than average compared to its 67.55% growth within a five-year period.
With the median home price in CAULFIELD NORTH sitting at $2,148,888, and the average rent at $750, property owners could potentially earn a 1.81% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in CAULFIELD NORTH are low, as opposed to average gains per annum over the past five years.
Homeowners and real estate investors betting on CAULFIELD NORTH, 3161 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 14.21%.
A steady increase in median property prices over a five-year period in CAULFIELD NORTH, 3161 translates to a 9.48% capital gain.
Property investors enjoyed capital gains of 14.21% over the last 12 months in CAULFIELD NORTH, translating to lower returns compared with its peers in VIC.
CAULFIELD NORTH, 3161 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 $635,000.
Profits due to an upward trend in home prices in CAULFIELD NORTH, 3161 averaged 3.16% per annum over a 3-year period.
Home owners selling their properties and realtors in CAULFIELD NORTH usually have to wait an average of 74.6 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $450 mark, reflecting a 3.69% increase in returns based on the current median price in CAULFIELD NORTH.
CAULFIELD NORTH, 3161 places 52nd in Australia based on median property value growth during the quarter.