Based on its average 5-year and quarterly capital gains ST KILDA WEST, 3182 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 ST KILDA WEST, 3182 obtained a 7.56% growth over a ten-year period. It ranks 743rd on our list of suburbs that property investors should look into.
ST KILDA WEST, 3182 in VIC belongs to the local government area of Port Phillip.
ST KILDA WEST, 3182 has a capital gain of 6.12% for the past year, which is lower than average compared to its 72.06% growth within a five-year period.
With the median home price in ST KILDA WEST sitting at $2,340,000, and the average rent at $885, property owners could potentially earn a 1.97% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ST KILDA WEST 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 ST KILDA WEST, 3182 translates to a 23.58% capital gain.
Property investors enjoyed capital gains of 9.59% over the last 12 months in ST KILDA WEST, translating to lower returns compared with its peers in VIC.
ST KILDA WEST, 3182 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 $600,000.
Profits due to an upward trend in home prices in ST KILDA WEST, 3182 averaged 7.86% per annum over a 3-year period.
Home owners selling their properties and realtors in ST KILDA WEST usually have to wait an average of 59.8 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $400 mark, reflecting a 3.47% increase in returns based on the current median price in ST KILDA WEST.
ST KILDA WEST, 3182 places th in Australia based on median property value growth during the quarter.