BENDIGO 
2 MIN READInvestment Sweeteners Safe In Pre-election Budget
With a pre-election budget just around the corner, property investors are confident certain tax breaks won’t be touche...
Read More
Middle ParkMiddle Park - SUBURB PROFILE REPORT
SHARE 
A steady increase in median property prices over a five-year period in the suburb translates to a 14.26% capital gain.
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 $2,685,000.
Profits due to an upward trend in home prices there averaged 4.75% per annum over a 3-year period.
Home owners selling their properties and realtors in MIDDLE PARK usually have to wait an average of 87.5 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $845 mark, reflecting a 1.64% increase in returns based on the current median price in MIDDLE PARK.
MIDDLE PARK, 3206 places 497th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,685,000 | $862,499 |
| GROWTH REPORT | ||
| Median Quarterly | 1.03% | -3.63% |
| Median 12 month | -4.02% | 15% |
| Median 3 years | 14.26% | 15% |
| Median 5 years | 24.88% | 10.58% |
| 10 years average annual | 6.82% | 3.89% |
| Weekly media advert. rent | $845 | $450 |
| Time on Market | 87.5 days | 0.0 days |
| Gross Rental Yield Percent | 1.64% | 2.71% |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
