Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $770,000.
The upward trend in home prices in SKENES CREEK, 3233 averaged 0% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in SKENES CREEK.
An average of 0.83 real estate transactions take place per month in SKENES CREEK which translates to 10 per annum.
10 properties were sold in SKENES CREEK in 2016, making it the 759th most active market in VIC based on total real estate transactions.
SKENES CREEK, 3233 places th in Australia based on median property value growth during the quarter.