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Soldiers Hill
AREA REPORTS

Soldiers Hill

Soldiers Hill - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3350

house
unit

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.

Data report can be found below

Soldiers Hill
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%
demographics (median values)*
Total Population
59145
Weekly Household Income
1238
Household Size
2.40
Age
37
Monthly Loan Repayment
1408
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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