REDBANK PLAINS 
2 MIN READFederal 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...
Read More
BreakwaterBreakwater - SUBURB PROFILE REPORT
SHARE 
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 |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
