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Property investors have seen a 0% 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 $175,000
Profits averaged -5.22% per annum over a 3-year period, due to an downward 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 7.43%.
An average of 3.92 real estate transactions take place per month in TERANG which translates to 47 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $175,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | -2.51% | N/A |
| Median 3 years | -15.66% | N/A |
| Median 5 years | 14.19% | N/A |
| 10 years average annual | 1.81% | N/A |
| Weekly media advert. rent | $250 | N/A |
| Time on Market | 104.2 days | N/A |
| Gross Rental Yield Percent | 7.43% | N/A |
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