AREA REPORTS

Monbulk

Suburb Profile

Monbulk - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3793

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Homeowners and real estate investors betting on MONBULK, 3793 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 12.28%.

A steady increase in median property prices over a five-year period in the suburb translates to a 42.22% capital gain.

Property investors in MONBULK enjoyed capital gains of 12.28% over the last 12 months translating to lower returns compared with its peers in the territory.

The 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 $640,000.

Profits due to an upward trend in home prices there averaged 14.07% per annum over a 3-year period.

Home owners selling their properties and realtors in MONBULK usually have to wait an average of 35.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $495 mark, reflecting a 4.02% increase in returns based on the current median price in MONBULK.

MONBULK, 3793 places 156th 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 $640,000 N/A
GROWTH REPORT
Median Quarterly 3.64% N/A
Median 12 month 12.28% N/A
Median 3 years 42.22% N/A
Median 5 years 61.52% N/A
10 years average annual 6.8% N/A
Weekly media advert. rent $495 N/A
Time on Market 35.5 days N/A
Gross Rental Yield Percent 4.02% N/A
demographics (median values)
Total Population
2713
Weekly Household Income
941.7
Household Size
2.70
demographics
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