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Quarry Hill

Suburb Profile

Quarry Hill - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3550

house
unit

Property investors have seen a -2.48% drop in QUARRY HILL based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains QUARRY HILL, 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 $392,500

Profits averaged 3.01% per annum over a 3-year period, due to an upward trend in home prices in QUARRY HILL, 3550.

This means, real estate investors could earn a rental income of $340 based on current median home prices for the suburb.

The gross rental yield in QUARRY HILL, 3550 is 4.5%.

An average of 4.17 real estate transactions take place per month in QUARRY HILL which translates to 50 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $392,500 $286,250
GROWTH REPORT
Median Quarterly -2.48% 4.09%
Median 12 month -3.09% N/A
Median 3 years 9.03% N/A
Median 5 years 12.14% N/A
10 years average annual 4.76% N/A
Weekly media advert. rent $340 $280
Time on Market 85.5 days 0.0 days
Gross Rental Yield Percent 4.5% 5.09%
demographics (median values)
Total Population
2222
Weekly Household Income
932.2
Household Size
2.40
demographics
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