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Property investors have seen a 2.51% 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 $255,000
Profits averaged 6.95% per annum over a 3-year period, due to an upward trend in home prices in MOOROOPNA, 3629.
This means, real estate investors could earn a rental income of $300 based on current median home prices for the suburb.
The gross rental yield in MOOROOPNA, 3629 is 6.12%.
An average of 8.92 real estate transactions take place per month in MOOROOPNA which translates to 107 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $255,000 | $179,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.51% | 2.29% |
| Median 12 month | 8.97% | 7.19% |
| Median 3 years | 20.85% | 8.48% |
| Median 5 years | 15.91% | 16.42% |
| 10 years average annual | 2.31% | 1.58% |
| Weekly media advert. rent | $300 | $230 |
| Time on Market | 86.1 days | 105.0 days |
| Gross Rental Yield Percent | 6.12% | 6.68% |
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