Suburb Profile
Quarry Hill - FREE SUBURB PROFILE REPORT POSTAL CODE: VIC,3550
Property investors have seen a -0.55% 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 $360,000
Profits averaged 0.95% 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 $300 based on current median home prices for the suburb.
The gross rental yield in QUARRY HILL, 3550 is 4.33%.
An average of 3.92 real estate transactions take place per month in QUARRY HILL which translates to 47 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $360,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.55% | N/A |
| Median 12 month | 0% | N/A |
| Median 3 years | 2.86% | N/A |
| Median 5 years | 13.39% | N/A |
| 10 years average annual | 4.61% | N/A |
| Weekly media advert. rent | $300 | N/A |
| Time on Market | 106.8 days | N/A |
| Gross Rental Yield Percent | 4.33% | N/A |
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