How a Hobart purchase set this investor up for a successful portfolio
A keen property investor has spoken out about how his purchase in the Hobart market kicked off the start of a successful portfolio. ...
A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 5.81% growth over a ten-year period. It ranks 1081st on our list of suburbs that property investors should look into.
ST LEONARDS, 3223 has a capital gain of -1.77% for the past year, which is lower than average compared to its 54.17% growth within a five-year period.
With the median home price in ST LEONARDS sitting at $555,000, and the average rent at $365, property owners could potentially earn a 3.42% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ST LEONARDS are low, as opposed to average gains per annum over the past five years.
ST LEONARDS, 3223 in VIC belongs to the local government area of Greater Geelong (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $555,000 | $378,750 |
| GROWTH REPORT | ||
| Median Quarterly | 0.45% | N/A |
| Median 12 month | -1.77% | 2.36% |
| Median 3 years | 26.14% | 20.24% |
| Median 5 years | 54.17% | -12.93% |
| 10 years average annual | 5.81% | 9.2% |
| Weekly media advert. rent | $365 | $350 |
| Time on Market | 105.7 days | 104.5 days |
| Gross Rental Yield Percent | 3.42% | 4.81% |
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