REDBANK PLAINS 
1 MIN READNew Government Should Change The Conversation About Investing: PIPA
The Property Investment Professionals of Australia (PIPA) has issued a firm call to the new government: prioritise the r...
Read More
MurrumbeenaMurrumbeena - SUBURB PROFILE REPORT
SHARE 
The suburb’s capital gain of 18.4% for the past year is higher than average compared to its 29.41% growth within a five-year period.
Also in MURRUMBEENA, the median home price is sitting at $1,670,000, and the average rent at $635, this suggests property owners could potentially earn a 1.98% increase in gross rental yield.
Property investors have seen a 2.77% gain in MURRUMBEENA based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on MURRUMBEENA, 3163 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 18.4%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.17% growth over a ten-year period. It ranks 794th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,670,000 | $632,600 |
| GROWTH REPORT | ||
| Median Quarterly | 2.77% | -0.58% |
| Median 12 month | 18.4% | -2.68% |
| Median 3 years | 23.7% | -1.92% |
| Median 5 years | 29.41% | 18.24% |
| 10 years average annual | 8.17% | 2.3% |
| Weekly media advert. rent | $635 | $330 |
| Time on Market | 36.6 days | 60.5 days |
| Gross Rental Yield Percent | 1.98% | 2.71% |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
