Birchip

A steady increase in median property prices over a five-year period in the suburb translates to a 5.88% capital gain.

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 $180,000.

Profits due to an upward trend in home prices there averaged 1.96% per annum over a 3-year period.

Home owners selling their properties and realtors in BIRCHIP usually have to wait an average of N/A days before their assets are lifted off the market.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in BIRCHIP.

BIRCHIP, 3483 places 681st in Australia based on median property value growth during the quarter.