The top 5 factors to watch for Sydney’s market turn
Many investors are keeping an eye on Sydney’s property market, waiting for the current softening to come to an end. According to one exper...
The suburb’s capital gain of 10.37% for the past year is lower than average compared to its 80.43% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in MELTON SOUTH, the median home price is sitting at $415,000, and the average rent at $320, this suggests property owners could potentially earn a 4.01% increase in gross rental yield.
Property investors have seen a 0% gain in MELTON SOUTH based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on MELTON SOUTH, 3338 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 10.37%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.39% growth over a ten-year period. It ranks 335th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $415,000 | $325,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 3.99% |
| Median 12 month | 10.37% | 18.36% |
| Median 3 years | 66% | 47.95% |
| Median 5 years | 80.43% | 63.48% |
| 10 years average annual | 8.39% | 7.37% |
| Weekly media advert. rent | $320 | $290 |
| Time on Market | 40.7 days | 34.8 days |
| Gross Rental Yield Percent | 4.01% | 4.63% |
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