Property investors have seen a 0% gain in MOOROOPNA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MOOROOPNA, 3629 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 $212,000
Profits averaged -1.72% per annum over a 3-year period, due to an downward trend in home prices in MOOROOPNA, 3629.
This means, real estate investors could earn a rental income of $270 based on current median home prices for the suburb.
The gross rental yield in MOOROOPNA, 3629 is 6.62%.
An average of 8.75 real estate transactions take place per month in MOOROOPNA which translates to 105 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-2.75%||-0.61%|
|Median 3 years||-5.15%||3.49%|
|Median 5 years||-3.64%||-3.26%|
|10 years average annual||0.48%||-1.14%|
|Weekly media advert. rent||$270||$210|
|Time on Market||106.9 days||117.9 days|
|Gross Rental Yield Percent||6.62%||6.7%|