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Bentleigh
AREA REPORTS

Bentleigh

Bentleigh - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3204

house
unit

Property investments in BENTLEIGH fare well against the rest of the country last year, registering a median home price increase of 10.99%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains BENTLEIGH, 3204 saw average growth in the long term.

Real estate investors could earn a rental income of $622.5 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 53.1 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,515,000.

BENTLEIGH ranks 558th on the list of best yielding suburbs for rental properties in VIC, posting a 2.14% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,515,000 $770,000
GROWTH REPORT
Median Quarterly 1% 6.06%
Median 12 month 10.99% 8.3%
Median 3 years 5.94% 16.67%
Median 5 years 21.69% 36.28%
10 years average annual 5.53% 2.67%
Weekly media advert. rent $622.5 $475
Time on Market 53.1 days 54.2 days
Gross Rental Yield Percent 2.14% 3.21%
demographics (median values)
Total Population
14268
Weekly Household Income
1139
Household Size
2.60
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