AREA REPORTS

Cockatoo

Suburb Profile

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

house

A 21.92% increase in median property prices in COCKATOO, 3781 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 63rd.

A steady increase in median property prices over a five-year period in the suburb translates to a 54.66% 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 $564,500

The augmented property values in the suburb are trailing above the territorial average of 8.31% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $365.

Home owners selling their properties and realtors in COCKATOO usually have to wait an average of 20.3 days days before their assets are lifted off the market.

The VIC suburb ranks 253rd on the list of best yielding suburbs for rental properties in VIC, posting a 3.36% return.

It also places places 263rd 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 $564,500 N/A
GROWTH REPORT
Median Quarterly 1.79% N/A
Median 12 month 21.92% N/A
Median 3 years 54.66% N/A
Median 5 years 77.24% N/A
10 years average annual 7.86% N/A
Weekly media advert. rent $365 N/A
Time on Market 20.3 days N/A
Gross Rental Yield Percent 3.36% N/A
demographics (median values)
Total Population
4561
Weekly Household Income
1067
Household Size
2.90
demographics
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