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 Price | $170,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 9.68% | N/A |
| 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 |
There is a threshold for the land value...
Hi Ho Ping
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