AREA REPORTS

Breakwater

 

 

VIC/
Breakwater

Suburb Profile

Breakwater - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3219

house

Property investors have seen a -0.65% drop in BREAKWATER based on a decrease in median home prices for the past three months.

Homeowners and real estate investors betting on BREAKWATER, 3219 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 14.18%.

Based on its average 5-year and quarterly capital gains BREAKWATER, 3219 saw average growth in the long term.

The VIC suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $382,500

Profits averaged 14.37% per annum over a 3-year period, due to an upward trend in home prices in BREAKWATER, 3219.

This means, real estate investors could earn a rental income of $320 based on current median home prices for the suburb.

The gross rental yield in BREAKWATER, 3219 is 4.35%.

An average of 1.92 real estate transactions take place per month in BREAKWATER which translates to 23 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $382,500 N/A
GROWTH REPORT
Median Quarterly -0.65% N/A
Median 12 month 14.18% N/A
Median 3 years 43.12% N/A
Median 5 years 50% N/A
10 years average annual 7.31% N/A
Weekly media advert. rent $320 N/A
Time on Market 20.1 days N/A
Gross Rental Yield Percent 4.35% N/A
demographics (median values)
Total Population
1050
Weekly Household Income
620.6
Household Size
2.20
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Why these suburbs are faring better than others as prices fall

New data points to which suburbs with the largest average land sizes in each capital city are bucking against general property market trends...

Bill Shorten

New negative gearing modelling gets green light from property experts

Multiple industry body heads have accepted SQM’s updated modelling of what the property market could look like under Labor’s proposed ne...

Crowd

Key investor market slips away in last quarter

Analysis of recent ABS data has shown that the decline in overseas migration eased over the recent quarter, which is important for property....

Airbnb mobile application

ATO sets crackdown on missing tax dollars from Airbnb hosts

There is a significant amount of tax dollars that have gone missing through the Airbnb gig economy, as hosts are failing to report side inco...

Suburbs

Good yield needed to succeed in today’s market: Accountant

With a number of major property markets currently at a softening phase, experts encourage investors to reassess their strategies in order to...

Bill Shorten

What rent, values look like under Labor: New modelling

An updated modelling of the Labor government’s proposed changes to negative gearing has found that yields are likely to go up while prices...