Casterton

POSTAL CODE: VIC, 3311

HOUSE

Property investors have seen a 2.36% gain in CASTERTON based on an increase in median home prices for the past three months.

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 $281,500

Profits averaged -0.67% per annum over a 3-year period, due to an downward trend in home prices in CASTERTON, 3311.

This means, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

The gross rental yield in CASTERTON, 3311 is N/A.

An average of 3.33 real estate transactions take place per month in CASTERTON which translates to 40 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$281,500	N/A
Growth Report
Median Quarterly	2.36%	N/A
Median 12 month	-6.94%	N/A
Median 3 years	-2.93%	N/A
Median 5 years	68.56%	N/A
10 years average annual	11.93%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	69.5 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 1696

Weekly Household Income 758

Household Size 2.00

Average Age 54

Monthly Loan Repayment 800

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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