VIC/
Bentleigh east

Suburb Profile

Bentleigh East - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3165

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Property investors have seen a 2.04% gain in BENTLEIGH EAST based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on BENTLEIGH EAST, 3165 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 12.11%.

Based on its average 5-year and quarterly capital gains BENTLEIGH EAST, 3165 saw average growth in the long term.

The VIC suburb also 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 $1,250,025

Profits averaged 16.05% per annum over a 3-year period, due to an upward trend in home prices in BENTLEIGH EAST, 3165.

This means, real estate investors could earn a rental income of $530 based on current median home prices for the suburb.

The gross rental yield in BENTLEIGH EAST, 3165 is 2.2%.

An average of 28.5 real estate transactions take place per month in BENTLEIGH EAST which translates to 342 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,250,025 $770,000
GROWTH REPORT
Median Quarterly 2.04% 2.74%
Median 12 month 12.11% 6.94%
Median 3 years 48.15% 23%
Median 5 years 83.83% 55.56%
10 years average annual 8.53% 6.07%
Weekly media advert. rent $530 $430
Time on Market 51.9 days 52.1 days
Gross Rental Yield Percent 2.2% 2.9%
demographics (median values)
Total Population
24519
Weekly Household Income
1096
Household Size
2.60
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Bentleigh East, VIC
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