VIC/
Invermay park

Suburb Profile

Invermay Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3350

house

Property investments in INVERMAY PARK did not fare well against the rest of the country last year, registering a median home price decrease of 1.04%.

Real estate investors could earn a rental income of $370 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 53.8 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $390,000.

INVERMAY PARK ranks 97th on the list of best yielding suburbs for rental properties in VIC, posting a 4.93% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $390,000 N/A
GROWTH REPORT
Median Quarterly N/A N/A
Median 12 month 1.04% N/A
Median 3 years 0.39% N/A
Median 5 years 6.85% N/A
10 years average annual 2.19% N/A
Weekly media advert. rent $370 N/A
Time on Market 53.8 days N/A
Gross Rental Yield Percent 4.93% N/A
demographics (median values)
Total Population
1924
Weekly Household Income
1218
Household Size
3.00
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Invermay Park, VIC
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