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Porepunkah
AREA REPORTS

Porepunkah

Porepunkah - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3740

house

Property investors have seen a 23.25% gain in POREPUNKAH based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on POREPUNKAH, 3740 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 48.95%.

Based on its average 5-year and quarterly capital gains POREPUNKAH, 3740 saw average growth in the long term.

The VIC suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $782,000

Profits averaged 28.67% per annum over a 3-year period, due to an upward trend in home prices in POREPUNKAH, 3740.

This means, real estate investors could earn a rental income of $440 based on current median home prices for the suburb.

The gross rental yield in POREPUNKAH, 3740 is 2.93%.

An average of 1.17 real estate transactions take place per month in POREPUNKAH which translates to 14 per annum.

Data report can be found below

Porepunkah
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $782,000 N/A
GROWTH REPORT
Median Quarterly 23.25% N/A
Median 12 month 48.95% N/A
Median 3 years 86.01% N/A
Median 5 years 139.88% N/A
10 years average annual 17.12% N/A
Weekly media advert. rent $440 N/A
Time on Market 38.2 days N/A
Gross Rental Yield Percent 2.93% N/A
demographics (median values)*
Total Population
1072
Weekly Household Income
1125
Household Size
2.50
Age
47
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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