Property investors have seen a 9.68% gain in TERANG based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains TERANG, 3264 saw average growth in the long term.
the VIC 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 $170,000
Profits averaged 2.08% per annum over a 3-year period, due to an upward trend in home prices in TERANG, 3264.
This means, real estate investors could earn a rental income of $250 based on current median home prices for the suburb.
The gross rental yield in TERANG, 3264 is 7.65%.
An average of 2.75 real estate transactions take place per month in TERANG which translates to 33 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.25%||N/A|
|Median 3 years||6.25%||N/A|
|Median 5 years||8.97%||N/A|
|10 years average annual||1.92%||N/A|
|Weekly media advert. rent||$250||N/A|
|Time on Market||131.6 days||N/A|
|Gross Rental Yield Percent||7.65%||N/A|