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Drysdale
AREA REPORTS

Drysdale

Drysdale - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3222

house
unit

Property investors enjoyed capital gains of 23.98% 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 6.47% growth over a ten-year period. It ranks 1716th on our list of suburbs that property investors should look into.

DRYSDALE, 3222 has a capital gain of 23.98% for the past year, which is higher than average compared to its 84.45% growth within a five-year period.

With the median home price in DRYSDALE sitting at $756,250, and the average rent at $400, property owners could potentially earn a 2.75% 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 (C).

Data report can be found below

Drysdale
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $756,250 $450,000
GROWTH REPORT
Median Quarterly 11.21% 1.07%
Median 12 month 23.98% 5.2%
Median 3 years 55.93% 20%
Median 5 years 84.45% 42.63%
10 years average annual 6.47% 5.68%
Weekly media advert. rent $400 $375
Time on Market 33.9 days 12.0 days
Gross Rental Yield Percent 2.75% 4.33%
demographics (median values)*
Total Population
14960
Weekly Household Income
1199
Household Size
2.50
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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