Bargains set to hit the market in wake of royal commission
New research has determined two-thirds of property experts believe the current banking royal commission will bring down property prices thro...
Property investors enjoyed capital gains of 2.5% over the last 12 months in CHILTERN, translating to lower returns compared with its peers in VIC.
The suburb posted a 18.55% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in CHILTERN.
CHILTERN, 3683 ranks 530th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 591st on the list of best yielding suburbs for rental properties in VIC, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $246,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 2.5% | N/A |
| Median 3 years | 18.55% | N/A |
| Median 5 years | 38.59% | N/A |
| 10 years average annual | 3.2% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 105.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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