Spring Has Finally Sprung: New Listings Lead Supply Bounce-back
More stock is finally making its way onto the spring market, according to new data from CoreLogic. ...
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.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|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|