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AREA REPORTS

Sea Lake

Sea Lake - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3533

house

A steady increase in median property prices over a five-year period in the suburb translates to a 50% capital gain.

It 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 $106,500

The augmented property values in the suburb are trailing behind the territorial average of 7.64% in 2016.

Home owners selling their properties and realtors in SEA LAKE usually have to wait an average of 128.3 days days before their assets are lifted off the market.

The VIC suburb ranks 688th on the list of best yielding suburbs for rental properties in VIC, posting a 0% return.

It also places places 400th 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 $106,500 N/A
GROWTH REPORT
Median Quarterly 1.43% N/A
Median 12 month 6.5% N/A
Median 3 years 50% N/A
Median 5 years 18.33% N/A
10 years average annual 8.85% N/A
Weekly media advert. rent N/A N/A
Time on Market 128.3 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
637
Weekly Household Income
562.6
Household Size
2.20
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