Powered by MOMENTUM MEDIA
Timboon
AREA REPORTS

Timboon

Timboon - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3268

house

A 49.57% increase in median property prices in TIMBOON, 3268 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 2nd.

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 $437,500

The augmented property values in the suburb are trailing above the territorial average of 9.69% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $350.

Home owners selling their properties and realtors in TIMBOON usually have to wait an average of 59.7 days days before their assets are lifted off the market.

The VIC suburb ranks 120th on the list of best yielding suburbs for rental properties in VIC, posting a 4.16% return.

It also places places 513th 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 $437,500 N/A
GROWTH REPORT
Median Quarterly 1.74% N/A
Median 12 month 49.57% N/A
Median 3 years 84.21% N/A
Median 5 years N/A N/A
10 years average annual 18.73% N/A
Weekly media advert. rent $350 N/A
Time on Market 59.7 days N/A
Gross Rental Yield Percent 4.16% 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.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.