Gembrook

POSTAL CODE: VIC, 3783

HOUSE

GEMBROOK ranks 603rd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 6.14% for the past year is higher than average compared to its 14.87% growth within a five-year period.

Also in GEMBROOK, the median home price is sitting at $907,500, and the average rent at $687.5, this suggests property owners could potentially earn a 3.94% increase in gross rental yield.

Property investors have seen a 1.4% gain in GEMBROOK based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.51% growth over a ten-year period. It ranks 2320th on our list of suburbs that property investors should look into.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$907,500	N/A
Growth Report
Median Quarterly	1.4%	N/A
Median 12 month	6.14%	N/A
Median 3 years	-6.92%	N/A
Median 5 years	14.87%	N/A
10 years average annual	6.51%	N/A
Weekly media advert. rent	$688	N/A
Time on Market	72.1 days	N/A
Gross Rental Yield Percent	3.94%	N/A

Demographics (Median Values)*

Total Population 2350

Weekly Household Income 1618

Household Size 2.90

Average Age 40

Monthly Loan Repayment 1733

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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