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Soldiers HillSoldiers Hill - SUBURB PROFILE REPORT
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Based on its average 5-year and quarterly capital gains SOLDIERS HILL, 3350 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that SOLDIERS HILL, 3350 obtained a 7.82% growth over a ten-year period. It ranks 999th on our list of suburbs that property investors should look into.
SOLDIERS HILL, 3350 in VIC belongs to the local government area of Ballarat (C).
SOLDIERS HILL, 3350 has a capital gain of 4.65% for the past year, which is lower than average compared to its 68.43% growth within a five-year period.
With the median home price in SOLDIERS HILL sitting at $573,500, and the average rent at $360, property owners could potentially earn a 3.26% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SOLDIERS HILL are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $573,500 | $451,000 |
| GROWTH REPORT | ||
| Median Quarterly | 5.23% | 1.81% |
| Median 12 month | 4.65% | N/A |
| Median 3 years | 28.16% | N/A |
| Median 5 years | 68.43% | 73.46% |
| 10 years average annual | 7.82% | 2.46% |
| Weekly media advert. rent | $360 | $330 |
| Time on Market | 39.4 days | 21.0 days |
| Gross Rental Yield Percent | 3.26% | 3.8% |
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