Property investors have seen a -0.38% drop in IRONBARK based on a decrease in median home prices for the past three months.
Homeowners and real estate investors betting on IRONBARK, 3550 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 24.29%.
Based on its average 5-year and quarterly capital gains IRONBARK, 3550 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 $326,250
Profits averaged 5.93% per annum over a 3-year period, due to an upward trend in home prices in IRONBARK, 3550.
This means, real estate investors could earn a rental income of $280 based on current median home prices for the suburb.
The gross rental yield in IRONBARK, 3550 is 4.46%.
An average of 2 real estate transactions take place per month in IRONBARK which translates to 24 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||24.29%||N/A|
|Median 3 years||17.78%||N/A|
|Median 5 years||14.27%||N/A|
|10 years average annual||4.94%||N/A|
|Weekly media advert. rent||$280||N/A|
|Time on Market||82.0 days||N/A|
|Gross Rental Yield Percent||4.46%||N/A|