Metro Melbourne Surpasses $1m Mark For The First Time
While it has lagged behind other capital cities in post-pandemic recovery, Melbourne has now cemented its resilience, re...
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 $172,500
The augmented property values in the suburb are trailing behind the territorial average of 8.44% in 2016.
Home owners selling their properties and realtors in BOORT usually have to wait an average of 0.0 days days before their assets are lifted off the market.
The VIC suburb ranks 705th on the list of best yielding suburbs for rental properties in VIC, posting a 0% return.
It also places places 671st in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-11.54%||N/A|
|Median 3 years||-19.77%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||3.68%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|