Property investors have seen a 7.78% gain in HAMPTON based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains HAMPTON, 3188 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 $1,940,000
Profits averaged 15.84% per annum over a 3-year period, due to an upward trend in home prices in HAMPTON, 3188.
This means, real estate investors could earn a rental income of $850 based on current median home prices for the suburb.
The gross rental yield in HAMPTON, 3188 is 2.28%.
An average of 13.67 real estate transactions take place per month in HAMPTON which translates to 164 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.3%||6.58%|
|Median 3 years||47.53%||26.18%|
|Median 5 years||61.67%||38.53%|
|10 years average annual||7.12%||6.69%|
|Weekly media advert. rent||$850||$480|
|Time on Market||42.4 days||59.3 days|
|Gross Rental Yield Percent||2.28%||3.12%|