Australia’s most popular rental suburbs revealed
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Property investors have seen a 6.55% gain in AVENEL based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on AVENEL, 3664 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 18.23%.
Based on its average 5-year and quarterly capital gains AVENEL, 3664 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 $447,500
Profits averaged 10.67% per annum over a 3-year period, due to an upward trend in home prices in AVENEL, 3664.
The gross rental yield in AVENEL, 3664 is 0%.
An average of 1 real estate transactions take place per month in AVENEL which translates to 12 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $447,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 6.55% | N/A |
| Median 12 month | 18.23% | N/A |
| Median 3 years | 32.01% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 9.81% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 94.7 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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