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AREA REPORTS

Violet Town

Suburb Profile

Violet Town - FREE SUBURB PROFILE REPORT

POSTAL CODE: VIC,3669

house

VIOLET TOWN ranks 502nd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 4.35% for the past year is higher than average compared to its 18.52% growth within a five-year period.

Also in VIOLET TOWN, the median home price is sitting at $240,000, and the average rent at $265, this suggests property owners could potentially earn a 5.74% increase in gross rental yield.

Property investors have seen a 0% gain in VIOLET TOWN based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.39% growth over a ten-year period. It ranks 2267th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT	HOUSE	UNIT
Median Price	$240,000	N/A
GROWTH REPORT
Median Quarterly	0%	N/A
Median 12 month	4.35%	N/A
Median 3 years	20.6%	N/A
Median 5 years	18.52%	N/A
10 years average annual	3.39%	N/A
Weekly media advert. rent	$265	N/A
Time on Market	149.4 days	N/A
Gross Rental Yield Percent	5.74%	N/A

demographics (median values)

Total Population

955

Weekly Household Income

672.1

Household Size

2.20

demographics

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Australian dollars

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