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 7.9% growth over a ten-year period. It ranks 585th on our list of suburbs that property investors should look into.
SOLDIERS HILL, 3350 in VIC belongs to the local government area of Ballarat.
SOLDIERS HILL, 3350 has a capital gain of 31.34% for the past year, which is higher than average compared to its 53.85% growth within a five-year period.
With the median home price in SOLDIERS HILL sitting at $440,000, and the average rent at $310, property owners could potentially earn a 3.66% 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.
A 31.34% increase in median property prices in SOLDIERS HILL, 3350 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 24th.
Property investors enjoyed capital gains of 2.94% over the last 12 months in SOLDIERS HILL, translating to lower returns compared with its peers in VIC.
SOLDIERS HILL, 3350 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 $280,000.
Home owners selling their properties and realtors in SOLDIERS HILL usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $267.5 mark, reflecting a 4.97% increase in returns based on the current median price in SOLDIERS HILL.
SOLDIERS HILL, 3350 places 254th in Australia based on median property value growth during the quarter.