Marlo

POSTAL CODE: VIC, 3888

HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

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 $600,000.

The downward trend in home prices in MARLO, 3888 averaged -3.39% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in MARLO.

An average of 0.92 real estate transactions take place per month in MARLO which translates to 11 per annum.

11 properties were sold in MARLO in 2016, making it the 697th most active market in VIC based on total real estate transactions.

MARLO, 3888 places th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$600,000	N/A
Growth Report
Median Quarterly	0%	N/A
Median 12 month	0%	N/A
Median 3 years	-10.18%	N/A
Median 5 years	0%	N/A
10 years average annual	38.45%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	N/A	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 3426

Weekly Household Income 767

Household Size 2.10

Average Age 53

Monthly Loan Repayment 1000

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

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