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Jackass Flat
AREA REPORTS

Jackass Flat

Jackass Flat - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3556

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Homeowners and real estate investors betting on JACKASS FLAT, 3556 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 26.62%.

A steady increase in median property prices over a five-year period in the suburb translates to a 39.02% capital gain.

Property investors in JACKASS FLAT enjoyed capital gains of 26.62% over the last 12 months translating to lower returns compared with its peers in the territory.

The 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 $411,500.

Profits due to an upward trend in home prices there averaged 13.01% per annum over a 3-year period.

Home owners selling their properties and realtors in JACKASS FLAT usually have to wait an average of 35.1 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $360 mark, reflecting a 4.55% increase in returns based on the current median price in JACKASS FLAT.

JACKASS FLAT, 3556 places 22nd in Australia based on median property value growth during the quarter.

Data report can be found below

Jackass Flat
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $411,500 N/A
GROWTH REPORT
Median Quarterly 13.83% N/A
Median 12 month 26.62% N/A
Median 3 years 39.02% N/A
Median 5 years 15.02% N/A
10 years average annual 5.92% N/A
Weekly media advert. rent $360 N/A
Time on Market 35.1 days N/A
Gross Rental Yield Percent 4.55% N/A
demographics (median values)*
Total Population
13085
Weekly Household Income
964
Household Size
2.40
Age
38
Monthly Loan Repayment
1257
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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