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Elmore
AREA REPORTS

Elmore

Elmore - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3558

house

Property investors have seen a 12.71% 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 41.49%.

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 $332,500

Profits averaged 13.63% per annum over a 3-year period, due to an upward trend in home prices in ELMORE, 3558.

The gross rental yield in ELMORE, 3558 is 0%.

An average of 1.83 real estate transactions take place per month in ELMORE which translates to 22 per annum.

Data report can be found below

Elmore
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $332,500 N/A
GROWTH REPORT
Median Quarterly 12.71% N/A
Median 12 month 41.49% N/A
Median 3 years 40.89% N/A
Median 5 years 52.87% N/A
10 years average annual 8.22% N/A
Weekly media advert. rent N/A N/A
Time on Market 41.8 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
913
Weekly Household Income
875
Household Size
2.20
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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