AREA REPORTS

Middle Park

VIC/
Middle park

Suburb Profile

Middle Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3206

house
unit

Homeowners and real estate investors betting on MIDDLE PARK, 3206 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 17.78%.

A steady increase in median property prices over a five-year period in the suburb translates to a 20.45% capital gain.

Property investors in MIDDLE PARK enjoyed capital gains of 17.78% over the last 12 months translating to lower returns compared with its peers in the territory.

The 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 $2,650,000.

Profits due to an upward trend in home prices there averaged 6.82% per annum over a 3-year period.

Home owners selling their properties and realtors in MIDDLE PARK usually have to wait an average of 0.0 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $820 mark, reflecting a 1.61% increase in returns based on the current median price in MIDDLE PARK.

MIDDLE PARK, 3206 places 384th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,650,000 $692,500
GROWTH REPORT
Median Quarterly 0.57% -2.46%
Median 12 month 17.78% -10.36%
Median 3 years 20.45% 2.18%
Median 5 years 86.62% 4.92%
10 years average annual 7.91% 2.55%
Weekly media advert. rent $820 $425
Time on Market 0.0 days 0.0 days
Gross Rental Yield Percent 1.61% 3.19%
demographics (median values)
Total Population
4014
Weekly Household Income
1697
Household Size
2.20
demographics
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