Capital Cities Head For Second Busiest Week Of Auctions In 2021
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Property investors have seen a 3.31% 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 $265,000
Profits averaged 5.41% 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 5.89%.
An average of 11.58 real estate transactions take place per month in MOOROOPNA which translates to 139 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.95%||4.49%|
|Median 3 years||16.23%||12.73%|
|Median 5 years||15.22%||12.73%|
|10 years average annual||1.91%||3.42%|
|Weekly media advert. rent||$300||$230|
|Time on Market||66.4 days||86.1 days|
|Gross Rental Yield Percent||5.89%||6.43%|