Property investors have seen a 0.24% 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 $212,500
Profits averaged -0.39% 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 6.61%.
An average of 9.08 real estate transactions take place per month in MOOROOPNA which translates to 109 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-5.13%||0.93%|
|Median 3 years||-1.16%||1.88%|
|Median 5 years||-2.86%||-2.98%|
|10 years average annual||-0.01%||-1.12%|
|Weekly media advert. rent||$270||$220|
|Time on Market||111.1 days||113.0 days|
|Gross Rental Yield Percent||6.61%||7.02%|