VIC/
Breakwater

Suburb Profile

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

house

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 19%.

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 $332,000

Profits averaged 10.32% 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 $300 based on current median home prices for the suburb.

The gross rental yield in BREAKWATER, 3219 is 4.7%.

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

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $332,000 N/A
GROWTH REPORT
Median Quarterly N/A N/A
Median 12 month 19% N/A
Median 3 years 30.97% N/A
Median 5 years 26.5% N/A
10 years average annual 5.26% N/A
Weekly media advert. rent $300 N/A
Time on Market 11.8 days N/A
Gross Rental Yield Percent 4.7% N/A
demographics (median values)
Total Population
1050
Weekly Household Income
620.6
Household Size
2.20
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Breakwater, VIC
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