AREA REPORTS

Doreen

VIC/
Doreen

Suburb Profile

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

house
unit

Property investors have seen a 0.41% 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 15.43%.

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 $600,250

Profits averaged 12.48% 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 $392.5 based on current median home prices for the suburb.

The gross rental yield in DOREEN, 3754 is 3.4%.

An average of 24.83 real estate transactions take place per month in DOREEN which translates to 298 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $600,250 $392,008
GROWTH REPORT
Median Quarterly 0.41% N/A
Median 12 month 15.43% N/A
Median 3 years 37.44% 96%
Median 5 years 39.59% N/A
10 years average annual 5.16% N/A
Weekly media advert. rent $392.5 $330
Time on Market 32.5 days 0.0 days
Gross Rental Yield Percent 3.4% 4.38%
demographics (median values)
Total Population
3448
Weekly Household Income
1563
Household Size
3.30
demographics
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