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AREA REPORTS

Diggers Rest

Suburb Profile

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

house

A steady increase in median property prices over a five-year period in the suburb translates to a 37.36% capital gain.

Property investors in DIGGERS REST enjoyed capital gains of 1.3% 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 $506,500.

Profits due to an upward trend in home prices there averaged 12.45% per annum over a 3-year period.

Home owners selling their properties and realtors in DIGGERS REST usually have to wait an average of 52.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $410 mark, reflecting a 4.21% increase in returns based on the current median price in DIGGERS REST.

DIGGERS REST, 3427 places 253rd 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 $506,500 N/A
GROWTH REPORT
Median Quarterly 2.32% N/A
Median 12 month 1.3% N/A
Median 3 years 37.36% N/A
Median 5 years 92.22% N/A
10 years average annual 8.15% N/A
Weekly media advert. rent $410 N/A
Time on Market 52.3 days N/A
Gross Rental Yield Percent 4.21% N/A
demographics (median values)
Total Population
2384
Weekly Household Income
1045
Household Size
2.80
demographics
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Age group
Top 10 Birth Countries
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Household Income
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Tenure Type

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