Property investors have seen a 3.01% gain in MOUNT HELEN based on an increase 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 0.86% per annum over a 3-year period, due to an upward trend in home prices in MOUNT HELEN, 3350.
This means, real estate investors could earn a rental income of $360 based on current median home prices for the suburb.
The gross rental yield in MOUNT HELEN, 3350 is 4.98%.
An average of 4.58 real estate transactions take place per month in MOUNT HELEN which translates to 55 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.92%||N/A|
|Median 3 years||2.59%||N/A|
|Median 5 years||15.69%||N/A|
|10 years average annual||3.7%||N/A|
|Weekly media advert. rent||$360||N/A|
|Time on Market||51.9 days||N/A|
|Gross Rental Yield Percent||4.98%||N/A|