Based on its average 5-year and quarterly capital gains DROUIN, 3818 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that DROUIN, 3818 obtained a 6.39% growth over a ten-year period. It ranks 1155th on our list of suburbs that property investors should look into.
DROUIN, 3818 in VIC belongs to the local government area of Baw Baw.
DROUIN, 3818 has a capital gain of 12.5% for the past year, which is higher than average compared to its 32.81% growth within a five-year period.
With the median home price in DROUIN sitting at $405,000, and the average rent at $330, property owners could potentially earn a 4.24% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in DROUIN are low, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in DROUIN, 3818 translates to a 19.83% capital gain.
Property investors enjoyed capital gains of 9.43% over the last 12 months in DROUIN, translating to lower returns compared with its peers in VIC.
DROUIN, 3818 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 $290,000.
Profits due to an upward trend in home prices in DROUIN, 3818 averaged 6.61% per annum over a 3-year period.
Home owners selling their properties and realtors in DROUIN usually have to wait an average of 31.1 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $270 mark, reflecting a 4.84% increase in returns based on the current median price in DROUIN.
DROUIN, 3818 places 46th in Australia based on median property value growth during the quarter.