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Hopetoun
AREA REPORTS

Hopetoun

Hopetoun - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3396

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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The 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 $150,000.

The upward trend in home prices in HOPETOUN, 3396 averaged 23.48% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in HOPETOUN.

An average of 1.92 real estate transactions take place per month in HOPETOUN which translates to 23 per annum.

23 properties were sold in HOPETOUN in 2016, making it the 458th most active market in VIC based on total real estate transactions.

HOPETOUN, 3396 places 427th in Australia based on median property value growth during the quarter.

Data report can be found below

Hopetoun
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $150,000 N/A
GROWTH REPORT
Median Quarterly 1.69% N/A
Median 12 month N/A N/A
Median 3 years 70.45% N/A
Median 5 years 114.29% N/A
10 years average annual -1% N/A
Weekly media advert. rent N/A N/A
Time on Market 140.5 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
739
Weekly Household Income
971
Household Size
2.10
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