AREA REPORTS

Drysdale

Suburb Profile

Drysdale - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3222

house
unit

Property investors enjoyed capital gains of 6.98% over the last 12 months in DRYSDALE, translating to lower returns compared with its peers in VIC.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 5.15% growth over a ten-year period. It ranks 1527th on our list of suburbs that property investors should look into.

DRYSDALE, 3222 has a capital gain of 6.98% for the past year, which is higher than average compared to its 25.68% growth within a five-year period.

With the median home price in DRYSDALE sitting at $460,000, and the average rent at $360, property owners could potentially earn a 4.07% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in DRYSDALE are low, as opposed to average gains per annum over the past five years.

DRYSDALE, 3222 in VIC belongs to the local government area of Greater Geelong.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $460,000 $362,500
GROWTH REPORT
Median Quarterly 3.02% 3.57%
Median 12 month 6.98% 17.89%
Median 3 years 22.02% 15.08%
Median 5 years 25.68% 34.26%
10 years average annual 5.15% 3.44%
Weekly media advert. rent $360 $290
Time on Market 51.4 days 89.3 days
Gross Rental Yield Percent 4.07% 4.16%
demographics (median values)
Total Population
3738
Weekly Household Income
849.8
Household Size
2.70
demographics
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