Property investors have seen a 0.4% gain in BALLAN based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BALLAN, 3342 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 $625,000
Profits averaged -2% per annum over a 3-year period, due to an downward trend in home prices in BALLAN, 3342.
This means, real estate investors could earn a rental income of $490 based on current median home prices for the suburb.
The gross rental yield in BALLAN, 3342 is 4.08%.
An average of 4.33 real estate transactions take place per month in BALLAN which translates to 52 per annum.