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Chatter about the possible introduction of macro prudential controls to slow house price growth is increasing, while rep...
Property investors have seen a 0% gain in SOUTH MORANG based on an increase 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 $650,000
Profits averaged 2.78% 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 $410 based on current median home prices for the suburb.
The gross rental yield in SOUTH MORANG, 3752 is 3.28%.
An average of 17.42 real estate transactions take place per month in SOUTH MORANG which translates to 209 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.69%||15.38%|
|Median 3 years||8.33%||20%|
|Median 5 years||45.5%||25%|
|10 years average annual||4.92%||2.61%|
|Weekly media advert. rent||$410||$370|
|Time on Market||47.8 days||76.3 days|
|Gross Rental Yield Percent||3.28%||4.28%|