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Mount HelenMount Helen - SUBURB PROFILE REPORT
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Property investors have seen a 6.38% gain in MOUNT HELEN based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on MOUNT HELEN, 3350 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 21.31%.
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 $600,500
Profits averaged 15.79% 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 $420 based on current median home prices for the suburb.
The gross rental yield in MOUNT HELEN, 3350 is 3.64%.
An average of 4.33 real estate transactions take place per month in MOUNT HELEN which translates to 52 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $600,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 6.38% | N/A |
| Median 12 month | 21.31% | N/A |
| Median 3 years | 47.36% | N/A |
| Median 5 years | 69.15% | N/A |
| 10 years average annual | 6.02% | N/A |
| Weekly media advert. rent | $420 | N/A |
| Time on Market | 27.1 days | N/A |
| Gross Rental Yield Percent | 3.64% | N/A |
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