Property Market Update: Melbourne, September 2021
Melbourne’s property market kept the ball rolling in September as the city’s dwelling values rose once more during t...
Property investors have seen a 12.24% gain in WINDSOR based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on WINDSOR, 3181 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 19.69%.
Based on its average 5-year and quarterly capital gains WINDSOR, 3181 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 $1,605,000
Profits averaged 4.28% per annum over a 3-year period, due to an upward trend in home prices in WINDSOR, 3181.
This means, real estate investors could earn a rental income of $675 based on current median home prices for the suburb.
The gross rental yield in WINDSOR, 3181 is 2.19%.
An average of 4.75 real estate transactions take place per month in WINDSOR which translates to 57 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||19.69%||3.29%|
|Median 3 years||12.83%||1.66%|
|Median 5 years||24.12%||7.84%|
|10 years average annual||7.91%||1.25%|
|Weekly media advert. rent||$675||$390|
|Time on Market||31.4 days||51.5 days|
|Gross Rental Yield Percent||2.19%||3.69%|