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Mallacoota
AREA REPORTS

Mallacoota

Mallacoota - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3892

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Homeowners and real estate investors betting on MALLACOOTA, 3892 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 22.08%.

A steady increase in median property prices over a five-year period in the suburb translates to a 51.61% capital gain.

Property investors in MALLACOOTA enjoyed capital gains of 22.08% 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 $470,000.

Profits due to an upward trend in home prices there averaged 17.2% per annum over a 3-year period.

Home owners selling their properties and realtors in MALLACOOTA usually have to wait an average of 108.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in MALLACOOTA.

MALLACOOTA, 3892 places 549th in Australia based on median property value growth during the quarter.

Data report can be found below

Mallacoota
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $470,000 N/A
GROWTH REPORT
Median Quarterly 2.17% N/A
Median 12 month 22.08% N/A
Median 3 years 51.61% N/A
Median 5 years 49.21% N/A
10 years average annual 6.46% N/A
Weekly media advert. rent N/A N/A
Time on Market 108.6 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
1063
Weekly Household Income
774
Household Size
2.00
Age
58
Monthly Loan Repayment
1083
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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