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Property investors have seen a 5.52% 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 20.72%.
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 $1,500,000
Profits averaged 8.33% 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 $560 based on current median home prices for the suburb.
The gross rental yield in BENTLEIGH EAST, 3165 is 1.94%.
An average of 33.17 real estate transactions take place per month in BENTLEIGH EAST which translates to 398 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $1,500,000 | $1,100,000 |
GROWTH REPORT | ||
Median Quarterly | 5.52% | 3.29% |
Median 12 month | 20.72% | 19.57% |
Median 3 years | 25% | 44.74% |
Median 5 years | 31.72% | 52.57% |
10 years average annual | 7.9% | 7.1% |
Weekly media advert. rent | $560 | $525 |
Time on Market | 53.0 days | 52.2 days |
Gross Rental Yield Percent | 1.94% | 2.48% |