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Maldon
AREA REPORTS

Maldon

Maldon - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3463

house

Property investors enjoyed capital gains of 14.55% over the last 12 months in MALDON, translating to lower returns compared with its peers in VIC.

Figures from the previous quarter show that capital gains for real estate buyers in MALDON are low, as opposed to average gains per annum over the past five years.

The suburb posted a 30.91% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $480 based on current median home prices for the suburb.

On average, rents on listings have reached the $480 mark, reflecting a 3.96% increase in returns based on the current median price in MALDON.

MALDON, 3463 ranks 519th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 96th on the list of best yielding suburbs for rental properties in VIC, posting a 3.96% return.

Data report can be found below

Maldon
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $630,000 N/A
GROWTH REPORT
Median Quarterly 1.2% N/A
Median 12 month 14.55% N/A
Median 3 years 30.91% N/A
Median 5 years 63.98% N/A
10 years average annual 9.27% N/A
Weekly media advert. rent $480 N/A
Time on Market 47.3 days N/A
Gross Rental Yield Percent 3.96% N/A
demographics (median values)*
Total Population
2451
Weekly Household Income
875
Household Size
2.00
Age
55
Monthly Loan Repayment
1213
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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