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Property investors have seen a -2.06% drop in TERANG based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains TERANG, 3264 saw average decrease 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 $190,000
Profits averaged 7.53% 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 $275 based on current median home prices for the suburb.
The gross rental yield in TERANG, 3264 is 7.53%.
An average of 3.83 real estate transactions take place per month in TERANG which translates to 46 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-2.06%||N/A|
|Median 3 years||22.58%||N/A|
|Median 5 years||-2.56%||N/A|
|10 years average annual||2.79%||N/A|
|Weekly media advert. rent||$275||N/A|
|Time on Market||89.8 days||N/A|
|Gross Rental Yield Percent||7.53%||N/A|
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