Federal Election Results Revealed: What It Means For Investors
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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 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|