Based on its average 5-year and quarterly capital gains HUGHESDALE, 3166 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 HUGHESDALE, 3166 obtained a 9.29% growth over a ten-year period. It ranks 141st on our list of suburbs that property investors should look into.
HUGHESDALE, 3166 in VIC belongs to the local government area of Monash.
HUGHESDALE, 3166 has a capital gain of 20.37% for the past year, which is higher than average compared to its 99.25% growth within a five-year period.
With the median home price in HUGHESDALE sitting at $1,462,500, and the average rent at $465, property owners could potentially earn a 1.65% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in HUGHESDALE are low, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in HUGHESDALE, 3166 translates to a 24.16% capital gain.
Property investors enjoyed capital gains of 1.04% over the last 12 months in HUGHESDALE, translating to lower returns compared with its peers in VIC.
HUGHESDALE, 3166 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 $629,500.
Profits due to an upward trend in home prices in HUGHESDALE, 3166 averaged 8.05% per annum over a 3-year period.
Home owners selling their properties and realtors in HUGHESDALE usually have to wait an average of 66.2 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $420 mark, reflecting a 3.47% increase in returns based on the current median price in HUGHESDALE.
HUGHESDALE, 3166 places 136th in Australia based on median property value growth during the quarter.