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AREA REPORTS

Cockatoo

Suburb Profile

Cockatoo - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3781

house

A steady increase in median property prices over a five-year period in the suburb translates to a 15.89% capital gain.

It 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 $625,500

The augmented property values in the suburb are trailing above the territorial average of 7.64% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $380.

Home owners selling their properties and realtors in COCKATOO usually have to wait an average of 40.4 days days before their assets are lifted off the market.

The VIC suburb ranks 292nd on the list of best yielding suburbs for rental properties in VIC, posting a 3.16% return.

It also places places 604th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $625,500 N/A
GROWTH REPORT
Median Quarterly -1.5% N/A
Median 12 month 7.84% N/A
Median 3 years 15.89% N/A
Median 5 years 62.36% N/A
10 years average annual 7.6% N/A
Weekly media advert. rent $380 N/A
Time on Market 40.4 days N/A
Gross Rental Yield Percent 3.16% N/A
demographics (median values)
Total Population
4561
Weekly Household Income
1067
Household Size
2.90
demographics
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