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Timboon
AREA REPORTS

Timboon

Timboon - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3268

house

A steady increase in median property prices over a five-year period in the suburb translates to a 73.74% capital gain.

It 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 $430,000

The augmented property values in the suburb are trailing behind the territorial average of 18.09% in 2016.

Home owners selling their properties and realtors in TIMBOON usually have to wait an average of 34.4 days days before their assets are lifted off the market.

The VIC suburb ranks 798th on the list of best yielding suburbs for rental properties in VIC, posting a 0% return.

It also places places 730th in Australia based on median property value growth during the quarter.

Data report can be found below

Timboon
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $430,000 N/A
GROWTH REPORT
Median Quarterly -2.27% N/A
Median 12 month 0% N/A
Median 3 years 73.74% N/A
Median 5 years 100% N/A
10 years average annual 18.94% N/A
Weekly media advert. rent N/A N/A
Time on Market 34.4 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
2607
Weekly Household Income
1147
Household Size
2.50
Age
43
Monthly Loan Repayment
1083
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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