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Quarry HillQuarry Hill - SUBURB PROFILE REPORT
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Property investors have seen a 2.9% gain in QUARRY HILL based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on QUARRY HILL, 3550 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 25.64%.
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 $540,250
Profits averaged 11.13% 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 $390 based on current median home prices for the suburb.
The gross rental yield in QUARRY HILL, 3550 is 3.75%.
An average of 4.17 real estate transactions take place per month in QUARRY HILL which translates to 50 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $540,250 | $400,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.9% | 4.58% |
| Median 12 month | 25.64% | N/A |
| Median 3 years | 33.4% | N/A |
| Median 5 years | 50.07% | N/A |
| 10 years average annual | 6.99% | N/A |
| Weekly media advert. rent | $390 | $310 |
| Time on Market | 32.4 days | 0.0 days |
| Gross Rental Yield Percent | 3.75% | 4.03% |
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