Bushfire building standard hits public domain
With the public release of the Australian Standard for building in bushfire-prone areas, an industry association has expressed hope that it...
Property investors have seen a 3.37% gain in BENTLEIGH EAST based on an increase in median home prices for the past three months.
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 $1,150,000
Profits averaged 0.89% 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 $550 based on current median home prices for the suburb.
The gross rental yield in BENTLEIGH EAST, 3165 is 2.49%.
An average of 28.67 real estate transactions take place per month in BENTLEIGH EAST which translates to 344 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,150,000 | $795,200 |
| GROWTH REPORT | ||
| Median Quarterly | 3.37% | 4.56% |
| Median 12 month | -4.56% | 3.95% |
| Median 3 years | 2.68% | 11.57% |
| Median 5 years | 36.74% | 23.86% |
| 10 years average annual | 6.81% | 5% |
| Weekly media advert. rent | $550 | $550 |
| Time on Market | 64.3 days | 46.0 days |
| Gross Rental Yield Percent | 2.49% | 3.6% |
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