VIC/
Doreen

Suburb Profile

Doreen - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3754

house

Property investors have seen a 2% gain in DOREEN based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on DOREEN, 3754 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 13.33%.

Based on its average 5-year and quarterly capital gains DOREEN, 3754 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 $510,000

Profits averaged 7.63% per annum over a 3-year period, due to an upward trend in home prices in DOREEN, 3754.

This means, real estate investors could earn a rental income of $370 based on current median home prices for the suburb.

The gross rental yield in DOREEN, 3754 is 3.77%.

An average of 35.08 real estate transactions take place per month in DOREEN which translates to 421 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $510,000 N/A
GROWTH REPORT
Median Quarterly 2% N/A
Median 12 month 13.33% N/A
Median 3 years 22.89% N/A
Median 5 years 13.33% N/A
10 years average annual 3.9% N/A
Weekly media advert. rent $370 N/A
Time on Market 46.5 days N/A
Gross Rental Yield Percent 3.77% N/A
demographics (median values)
Total Population
3448
Weekly Household Income
1563
Household Size
3.30
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