Marong

POSTAL CODE: VIC, 3515

HOUSE

Property investors have seen a 2.34% gain in MARONG based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains MARONG, 3515 saw average growth in the long term.

The VIC 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 $655,000

Profits averaged 1% per annum over a 3-year period, due to an upward trend in home prices in MARONG, 3515.

This means, real estate investors could earn a rental income of $530 based on current median home prices for the suburb.

The gross rental yield in MARONG, 3515 is 4.21%.

An average of 2.42 real estate transactions take place per month in MARONG which translates to 29 per annum.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$655,000	N/A
Growth Report
Median Quarterly	2.34%	N/A
Median 12 month	2.34%	N/A
Median 3 years	3.97%	N/A
Median 5 years	41.93%	N/A
10 years average annual	7.35%	N/A
Weekly media advert. rent	$530	N/A
Time on Market	47.7 days	N/A
Gross Rental Yield Percent	4.21%	N/A

Demographics (Median Values)*

Total Population 1944

Weekly Household Income 1468

Household Size 2.80

Average Age 33

Monthly Loan Repayment 1600

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type