AREA REPORTS

Hopetoun

 

 

VIC/
Hopetoun

Suburb Profile

Hopetoun - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3396

house

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 $86,000.

The upward trend in home prices in HOPETOUN, 3396 averaged 7.62% 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 1.58 real estate transactions take place per month in HOPETOUN which translates to 19 per annum.

19 properties were sold in HOPETOUN in 2016, making it the 480th most active market in VIC based on total real estate transactions.

HOPETOUN, 3396 places 413th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $86,000 N/A
GROWTH REPORT
Median Quarterly -1.71% N/A
Median 12 month -6.52% N/A
Median 3 years 22.86% N/A
Median 5 years N/A N/A
10 years average annual -0.98% N/A
Weekly media advert. rent N/A N/A
Time on Market 125.2 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
844
Weekly Household Income
859
Household Size
2.30
demographics
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