Porepunkah

POSTAL CODE: VIC, 3740

HOUSE

Property investors have seen a -8.13% drop in POREPUNKAH based on a decrease in median home prices for the past three months.

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 weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $887,500

Profits averaged -2% per annum over a 3-year period, due to an downward trend in home prices in POREPUNKAH, 3740.

This means, real estate investors could earn a rental income of $560 based on current median home prices for the suburb.

The gross rental yield in POREPUNKAH, 3740 is 3.28%.

An average of 1.83 real estate transactions take place per month in POREPUNKAH which translates to 22 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$887,500	N/A
Growth Report
Median Quarterly	-8.13%	N/A
Median 12 month	-10.8%	N/A
Median 3 years	-6.53%	N/A
Median 5 years	38.67%	N/A
10 years average annual	12.3%	N/A
Weekly media advert. rent	$560	N/A
Time on Market	133.3 days	N/A
Gross Rental Yield Percent	3.28%	N/A

Demographics (Median Values)*

Total Population 1072

Weekly Household Income 1125

Household Size 2.50

Average 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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