Rutherglen

POSTAL CODE: VIC, 3685

HOUSE

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 9.65% growth over a ten-year period. It ranks 144th on our list of suburbs that property investors should look into.

RUTHERGLEN, 3685 has a capital gain of -1.82% for the past year, which is lower than average compared to its 54.29% growth within a five-year period.

With the median home price in RUTHERGLEN sitting at $540,000, and the average rent at $580, property owners could potentially earn a 5.59% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in RUTHERGLEN are low, as opposed to average gains per annum over the past five years.

RUTHERGLEN, 3685 in VIC belongs to the local government area of Indigo.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$540,000	N/A
Growth Report
Median Quarterly	-3.57%	N/A
Median 12 month	-1.82%	N/A
Median 3 years	12.35%	N/A
Median 5 years	54.29%	N/A
10 years average annual	9.65%	N/A
Weekly media advert. rent	$580	N/A
Time on Market	90.9 days	N/A
Gross Rental Yield Percent	5.59%	N/A

Demographics (Median Values)*

Total Population 2722

Weekly Household Income 1154

Household Size 2.30

Average Age 47

Monthly Loan Repayment 1272

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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