AREA REPORTS

Mount Helen

Suburb Profile

Mount Helen - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3350

house

Property investors have seen a -0.86% drop in MOUNT HELEN based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains MOUNT HELEN, 3350 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 $376,000

Profits averaged -0.31% per annum over a 3-year period, due to an downward trend in home prices in MOUNT HELEN, 3350.

This means, real estate investors could earn a rental income of $372.5 based on current median home prices for the suburb.

The gross rental yield in MOUNT HELEN, 3350 is 5.15%.

An average of 5.08 real estate transactions take place per month in MOUNT HELEN which translates to 61 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $376,000 N/A
GROWTH REPORT
Median Quarterly -0.86% N/A
Median 12 month 5.17% N/A
Median 3 years -0.94% N/A
Median 5 years 10.59% N/A
10 years average annual 3.22% N/A
Weekly media advert. rent $372.5 N/A
Time on Market 60.7 days N/A
Gross Rental Yield Percent 5.15% N/A
demographics (median values)
Total Population
2864
Weekly Household Income
1213
Household Size
2.90
demographics
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