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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 $187,000
The augmented property values in the suburb are trailing behind the territorial average of 14.18% in 2016.
Home owners selling their properties and realtors in BOORT usually have to wait an average of 113.9 days days before their assets are lifted off the market.
The VIC suburb ranks 721st on the list of best yielding suburbs for rental properties in VIC, posting a 0% return.
It also places places 426th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-0.27%||N/A|
|Median 3 years||-6.5%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||-1.68%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||113.9 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|