Big opportunities for property investors in 2019, expert tips
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Property investors have seen a 2% gain in FAIRHAVEN based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on FAIRHAVEN, 3231 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 17.71%.
Based on its average 5-year and quarterly capital gains FAIRHAVEN, 3231 saw average growth in the long term.
The VIC suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,020,000
Profits averaged 11.4% per annum over a 3-year period, due to an upward trend in home prices in FAIRHAVEN, 3231.
The gross rental yield in FAIRHAVEN, 3231 is 0%.
An average of 1.33 real estate transactions take place per month in FAIRHAVEN which translates to 16 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,020,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2% | N/A |
| Median 12 month | 17.71% | N/A |
| Median 3 years | 34.21% | N/A |
| Median 5 years | 29.94% | N/A |
| 10 years average annual | 8.02% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 77.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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