Powered by MOMENTUM MEDIA
Lake Gardens
AREA REPORTS

Lake Gardens

Lake Gardens - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3355

house

Property investors have seen a 1.71% gain in LAKE GARDENS based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on LAKE GARDENS, 3355 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 12.25%.

Based on its average 5-year and quarterly capital gains LAKE GARDENS, 3355 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 $623,000

Profits averaged 12.41% per annum over a 3-year period, due to an upward trend in home prices in LAKE GARDENS, 3355.

This means, real estate investors could earn a rental income of $390 based on current median home prices for the suburb.

The gross rental yield in LAKE GARDENS, 3355 is 3.26%.

An average of 2.08 real estate transactions take place per month in LAKE GARDENS which translates to 25 per annum.

Data report can be found below

Lake Gardens
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $623,000 N/A
GROWTH REPORT
Median Quarterly 1.71% N/A
Median 12 month 12.25% N/A
Median 3 years 37.22% N/A
Median 5 years 35.29% N/A
10 years average annual 5.49% N/A
Weekly media advert. rent $390 N/A
Time on Market 28.5 days N/A
Gross Rental Yield Percent 3.26% N/A
demographics (median values)
Total Population
13014
Weekly Household Income
887
Household Size
2.20
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.