Property investors enjoyed capital gains of 27.01% over the last 12 months in HEPBURN SPRINGS, translating to lower returns compared with its peers in VIC.
A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 7.54% growth over a ten-year period. It ranks 696th on our list of suburbs that property investors should look into.
HEPBURN SPRINGS, 3461 has a capital gain of 27.01% for the past year, which is higher than average compared to its 42.36% growth within a five-year period.
With the median home price in HEPBURN SPRINGS sitting at $489,000, and the average rent at $327.5, property owners could potentially earn a 3.48% increase in gross rental yield.
A 27.01% increase in median property prices in HEPBURN SPRINGS, 3461 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 33rd.
Figures from the previous quarter show that capital gains for real estate buyers in HEPBURN SPRINGS are low, as opposed to average gains per annum over the past five years.
HEPBURN SPRINGS, 3461 in VIC belongs to the local government area of Hepburn.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||27.01%||N/A|
|Median 3 years||32.43%||N/A|
|Median 5 years||42.36%||N/A|
|10 years average annual||7.54%||N/A|
|Weekly media advert. rent||$327.5||N/A|
|Time on Market||82.7 days||N/A|
|Gross Rental Yield Percent||3.48%||N/A|