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 48.84%.
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 $480,000
Profits averaged 12% 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 1.08 real estate transactions take place per month in ELMORE which translates to 13 per annum.