Powered by MOMENTUM MEDIA
AREA REPORTS

South Morang

VIC/
South morang

Suburb Profile

South Morang - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3752

house
unit

Property investors have seen a -1.35% drop in SOUTH MORANG based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains SOUTH MORANG, 3752 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 $637,499

Profits averaged 13.89% per annum over a 3-year period, due to an upward trend in home prices in SOUTH MORANG, 3752.

This means, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

The gross rental yield in SOUTH MORANG, 3752 is 3.26%.

An average of 22.17 real estate transactions take place per month in SOUTH MORANG which translates to 266 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $637,499 $400,000
GROWTH REPORT
Median Quarterly -1.35% -3.15%
Median 12 month 3.66% 3.49%
Median 3 years 41.67% 10.88%
Median 5 years 53.61% 21.58%
10 years average annual 6.63% 3.23%
Weekly media advert. rent $400 $350
Time on Market 32.2 days 50.4 days
Gross Rental Yield Percent 3.26% 4.55%
demographics (median values)
Total Population
12320
Weekly Household Income
1236
Household Size
3.10
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

86 400

New bank hits the market, set to offer home loans

One lender has been granted a full banking licence in Australia, and is eyeing the home loan market.  ...

ANZ

Major bank tips when market will bottom out

One of the big four banks has updated its forecasts for the housing market, and when it expects that the downward cycle will hit its floor....

Surprises revealed in latest mortgage, home ownership figures

A growing number of Australians have got mortgages, despite what the home ownership figures are showing, according to fresh data from the Au...

Property investment

The ‘nitty gritty’ of property economics catching out property investors

One buyer’s agent is “constantly amazed” by the ongoing misconceptions in property investment about the underlying economics that dic...

Aerial shot of beach

Most popular suburbs in Australia revealed

New data has shown the most in demand suburbs in Australia, as buyers look to capitalise on ongoing price declines.  ...

NAB CBA Westpac ANZ

Lenders undercut the big four banks with new loan terms

In response to APRA easing its guidelines on loan serviceability, two non-major banks have changed their mortgage serviceability assessmen...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.