Property investors have seen a 1.32% 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 $1,722,500
Profits averaged 10.83% 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 $885 based on current median home prices for the suburb.
The gross rental yield in HAMPTON, 3188 is 2.67%.
An average of 13.58 real estate transactions take place per month in HAMPTON which translates to 163 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,722,500 | $775,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.32% | 0.65% |
| Median 12 month | -2.13% | 4.45% |
| Median 3 years | 32.5% | 24.3% |
| Median 5 years | 42.5% | 31.91% |
| 10 years average annual | 7.32% | 6.67% |
| Weekly media advert. rent | $885 | $477.5 |
| Time on Market | 53.1 days | 70.0 days |
| Gross Rental Yield Percent | 2.67% | 3.2% |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...