Based on its average 5-year and quarterly capital gains TATURA, 3616 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that TATURA, 3616 obtained a 9.43% growth over a ten-year period. It ranks 305th on our list of suburbs that property investors should look into.
TATURA, 3616 in VIC belongs to the local government area of Greater Shepparton.
TATURA, 3616 has a capital gain of 9.28% for the past year, which is higher than average compared to its 46.01% growth within a five-year period.
With the median home price in TATURA sitting at $530,000, and the average rent at $530, property owners could potentially earn a 5.2% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in TATURA are low, as opposed to average gains per annum over the past five years.
Homeowners and real estate investors betting on TATURA, 3616 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 12.86%.
A steady increase in median property prices over a five-year period in TATURA, 3616 translates to a 0% capital gain.
Property investors enjoyed capital gains of 12.86% over the last 12 months in TATURA, translating to lower returns compared with its peers in VIC.
TATURA, 3616 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 $340,000.
Profits due to an upward trend in home prices in TATURA, 3616 averaged 0% per annum over a 3-year period.
Home owners selling their properties and realtors in TATURA usually have to wait an average of 84 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $370 mark, reflecting a 5.66% increase in returns based on the current median price in TATURA.
TATURA, 3616 places 11th in Australia based on median property value growth during the quarter.