AREA REPORTS

Silverleaves

Suburb Profile

Silverleaves - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3922

house

SILVERLEAVES, 3922 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in VIC have risen as a whole, pulling SILVERLEAVES, 3922 values up and netting property investors a capital gain of 38.68% for the past year.

Investors saw the median home price rise to $640,000.

Profits due to an upward trend in home prices in the suburb averaged 12.84% per annum over a 3-year period.

SILVERLEAVES now ranks at the 15th place on a list of fastest growing suburbs in the territory.

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

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In SILVERLEAVES, homes and units usually stay on listing for an average of 153.9 days.

In 2016, 15 properties were sold in SILVERLEAVES during the past year, making it the 567th most active market in VIC based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $640,000 N/A
GROWTH REPORT
Median Quarterly 12.78% N/A
Median 12 month 38.68% N/A
Median 3 years 38.53% N/A
Median 5 years 28% N/A
10 years average annual 5.72% N/A
Weekly media advert. rent N/A N/A
Time on Market 153.9 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
191
Weekly Household Income
634.1
Household Size
2.30
demographics
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