Suburb Profile



MADDINGLEY, 3340 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in VIC have risen as a whole, pulling MADDINGLEY, 3340 values up and netting property investors a capital gain of 21.69% for the past year.

Investors saw the median home price rise to $432,000.

Profits due to an upward trend in home prices in the suburb averaged 11.11% per annum over a 3-year period.

MADDINGLEY now ranks at the 197th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in MADDINGLEY are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $360 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In MADDINGLEY, homes and units usually stay on listing for an average of 34.9 days.

In 2016, 108 properties were sold in MADDINGLEY during the past year, making it the 703rd most active market in VIC based on total real estate transactions.

Data report can be found below

Median Price $432,000 N/A
Median Quarterly 2.86% N/A
Median 12 month 21.69% N/A
Median 3 years 33.33% N/A
Median 5 years 39.35% N/A
10 years average annual 4.63% N/A
Weekly media advert. rent $360 N/A
Time on Market 34.9 days N/A
Gross Rental Yield Percent 4.33% N/A
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