Elmore

POSTAL CODE: VIC, 3558

HOUSE

Property investors have seen a 0% gain in ELMORE based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on ELMORE, 3558 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 31.21%.

Based on its average 5-year and quarterly capital gains ELMORE, 3558 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 $474,000

Profits averaged 11.67% per annum over a 3-year period, due to an upward trend in home prices in ELMORE, 3558.

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

The gross rental yield in ELMORE, 3558 is N/A.

An average of 1.33 real estate transactions take place per month in ELMORE which translates to 16 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$474,000	N/A
Growth Report
Median Quarterly	0%	N/A
Median 12 month	31.21%	N/A
Median 3 years	35.04%	N/A
Median 5 years	49.67%	N/A
10 years average annual	11.9%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	120 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 913

Weekly Household Income 875

Household Size 2.20

Average Age 51

Monthly Loan Repayment 953

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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