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Waurn Ponds
AREA REPORTS

Waurn Ponds

Waurn Ponds - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3216

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Property investors enjoyed capital gains of 5.45% over the last 12 months in WAURN PONDS, translating to lower returns compared with its peers in VIC.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 4.65% growth over a ten-year period. It ranks 1542nd on our list of suburbs that property investors should look into.

WAURN PONDS, 3216 has a capital gain of 5.45% for the past year, which is lower than average compared to its 38.55% growth within a five-year period.

With the median home price in WAURN PONDS sitting at $677,500, and the average rent at $450, property owners could potentially earn a 3.45% increase in gross rental yield.

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

WAURN PONDS, 3216 in VIC belongs to the local government area of Greater Geelong (C).

Data report can be found below

Waurn Ponds
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $677,500 N/A
GROWTH REPORT
Median Quarterly 0.37% N/A
Median 12 month 5.45% N/A
Median 3 years 24.31% N/A
Median 5 years 38.55% N/A
10 years average annual 4.65% N/A
Weekly media advert. rent $450 N/A
Time on Market 52.6 days N/A
Gross Rental Yield Percent 3.45% N/A
demographics (median values)*
Total Population
56284
Weekly Household Income
1370
Household Size
2.50
Age
38
Monthly Loan Repayment
1600
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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