Federal Election Results Revealed: What It Means For Investors
Australia has voted. Looking forward, here are the policies property purchasers, home owners, and investors can expect...
Property investors have seen a 5.63% gain in IRONBARK based on an increase 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 28.78%.
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 $522,850
Profits averaged 21.13% 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 $360 based on current median home prices for the suburb.
The gross rental yield in IRONBARK, 3550 is 3.58%.
An average of 2.67 real estate transactions take place per month in IRONBARK which translates to 32 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||28.78%||N/A|
|Median 3 years||63.39%||N/A|
|Median 5 years||50.46%||N/A|
|10 years average annual||7.25%||N/A|
|Weekly media advert. rent||$360||N/A|
|Time on Market||60.4 days||N/A|
|Gross Rental Yield Percent||3.58%||N/A|