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Breakwater

Suburb Profile

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

house

Property investors have seen a 0.25% 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 $399,000

Profits averaged 14.59% 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 $350 based on current median home prices for the suburb.

The gross rental yield in BREAKWATER, 3219 is 4.56%.

An average of 1.67 real estate transactions take place per month in BREAKWATER which translates to 20 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $399,000 N/A
GROWTH REPORT
Median Quarterly 0.25% N/A
Median 12 month 4.31% N/A
Median 3 years 43.78% N/A
Median 5 years 57.71% N/A
10 years average annual 6.25% N/A
Weekly media advert. rent $350 N/A
Time on Market 30.3 days N/A
Gross Rental Yield Percent 4.56% N/A
demographics (median values)
Total Population
1050
Weekly Household Income
620.6
Household Size
2.20
demographics
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