
Federal Election Results Revealed: What It Means For Investors
Australia has voted. Looking forward, here are the policies property purchasers, home owners, and investors can expect...
Property investors have seen a 8.95% gain in BREAKWATER based on an increase in median home prices for the past three months.
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 $551,000
Profits averaged 15% 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 $360 based on current median home prices for the suburb.
The gross rental yield in BREAKWATER, 3219 is 3.4%.
An average of 2.33 real estate transactions take place per month in BREAKWATER which translates to 28 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $551,000 | N/A |
GROWTH REPORT | ||
Median Quarterly | 8.95% | N/A |
Median 12 month | N/A | N/A |
Median 3 years | 45% | N/A |
Median 5 years | 98.2% | N/A |
10 years average annual | 8.23% | N/A |
Weekly media advert. rent | $360 | N/A |
Time on Market | 31.4 days | N/A |
Gross Rental Yield Percent | 3.4% | N/A |