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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.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|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%|
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