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Property investors have seen a -6.45% drop in CASTERTON based on a decrease in median home prices for the past three months.
Homeowners and real estate investors betting on CASTERTON, 3311 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 11.54%.
Based on its average 5-year and quarterly capital gains CASTERTON, 3311 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 $145,000
Profits averaged 7.11% per annum over a 3-year period, due to an upward trend in home prices in CASTERTON, 3311.
The gross rental yield in CASTERTON, 3311 is 0%.
An average of 2.83 real estate transactions take place per month in CASTERTON which translates to 34 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $145,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -6.45% | N/A |
| Median 12 month | 11.54% | N/A |
| Median 3 years | 21.34% | N/A |
| Median 5 years | 52.63% | N/A |
| 10 years average annual | 4.69% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 72.8 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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