VIC/
Diggers rest

Suburb Profile

Diggers Rest - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3427

house

Homeowners and real estate investors betting on DIGGERS REST, 3427 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 26%.

A steady increase in median property prices over a five-year period in the suburb translates to a 81.38% capital gain.

Property investors in DIGGERS REST enjoyed capital gains of 26% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $472,500.

Profits due to an upward trend in home prices there averaged 27.13% per annum over a 3-year period.

Home owners selling their properties and realtors in DIGGERS REST usually have to wait an average of 31.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $340 mark, reflecting a 3.74% increase in returns based on the current median price in DIGGERS REST.

DIGGERS REST, 3427 places 118th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $472,500 N/A
GROWTH REPORT
Median Quarterly 5% N/A
Median 12 month 26% N/A
Median 3 years 81.38% N/A
Median 5 years 68.75% N/A
10 years average annual 9.36% N/A
Weekly media advert. rent $340 N/A
Time on Market 31.2 days N/A
Gross Rental Yield Percent 3.74% N/A
demographics (median values)
Total Population
2384
Weekly Household Income
1045
Household Size
2.80
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Diggers Rest, VIC
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