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Churchill
AREA REPORTS

Churchill

Churchill - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3842

house

Based on its average 5-year and quarterly capital gains CHURCHILL, 3842 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 CHURCHILL, 3842 obtained a 4.33% growth over a ten-year period. It ranks 2316th on our list of suburbs that property investors should look into.

CHURCHILL, 3842 in VIC belongs to the local government area of Latrobe (C) (Vic.).

CHURCHILL, 3842 has a capital gain of 26.9% for the past year, which is higher than average compared to its 42.05% growth within a five-year period.

With the median home price in CHURCHILL sitting at $250,000, and the average rent at $280, property owners could potentially earn a 5.82% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in CHURCHILL are low, as opposed to average gains per annum over the past five years.

A 26.9% increase in median property prices in CHURCHILL, 3842 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 88th.

Data report can be found below

Churchill
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $250,000 N/A
GROWTH REPORT
Median Quarterly 4.17% N/A
Median 12 month 26.9% N/A
Median 3 years 42.86% N/A
Median 5 years 42.05% N/A
10 years average annual 4.33% N/A
Weekly media advert. rent $280 N/A
Time on Market 61.3 days N/A
Gross Rental Yield Percent 5.82% N/A
demographics (median values)*
Total Population
4783
Weekly Household Income
964
Household Size
2.40
Age
37
Monthly Loan Repayment
975
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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