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Pearcedale
AREA REPORTS

Pearcedale

Pearcedale - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3912

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A steady increase in median property prices over a five-year period in the suburb translates to a 8.4% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $710,000

The augmented property values in the suburb are trailing behind the territorial average of 8.44% in 2016.

Home owners selling their properties and realtors in PEARCEDALE usually have to wait an average of 67.8 days days before their assets are lifted off the market.

The VIC suburb ranks 727th on the list of best yielding suburbs for rental properties in VIC, posting a 0% return.

It also places places 242nd in Australia based on median property value growth during the quarter.

Data report can be found below

Pearcedale
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $710,000 N/A
GROWTH REPORT
Median Quarterly 4.01% N/A
Median 12 month 0.71% N/A
Median 3 years 8.4% N/A
Median 5 years 47.92% N/A
10 years average annual 6.49% N/A
Weekly media advert. rent N/A N/A
Time on Market 67.8 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
3721
Weekly Household Income
1186
Household Size
3.10
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