$18m investor shares his ‘life-changing’ first investment
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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.
| 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 |
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