Drysdale

POSTAL CODE: VIC, 3222

HOUSE

UNIT

Property investors enjoyed capital gains of 0.36% 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 6.51% growth over a ten-year period. It ranks 2322nd on our list of suburbs that property investors should look into.

DRYSDALE, 3222 has a capital gain of 0.36% for the past year, which is lower than average compared to its 15.42% growth within a five-year period.

With the median home price in DRYSDALE sitting at $692,500, and the average rent at $500, property owners could potentially earn a 3.75% 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.

Based on its average 5-year and quarterly capital gains DRYSDALE, 3222 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 7.33% growth over a ten-year period. It ranks 435th on our list of suburbs that property investors should look into.

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

DRYSDALE, 3222 has a capital gain of -1.83% for the past year, which is lower than average compared to its 25.66% growth within a five-year period.

With the median home price in DRYSDALE sitting at $537,500, and the average rent at $450, property owners could potentially earn a 4.35% 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.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$692,500	$537,500
Growth Report
Median Quarterly	0.36%	-1.83%
Median 12 month	0.36%	-1.83%
Median 3 years	-9.42%	-2.27%
Median 5 years	15.42%	25.66%
10 years average annual	6.51%	7.33%
Weekly media advert. rent	$500	$450
Time on Market	55.1 days	65 days
Gross Rental Yield Percent	3.75%	4.35%

Demographics (Median Values)*

Total Population 14960

Weekly Household Income 1199

Household Size 2.50

Average Age 45

Monthly Loan Repayment 1517

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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