Property investors have seen a -0.56% drop in SMITHS BEACH based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SMITHS BEACH, 3922 saw average growth in the long term.
The VIC 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 $450,000
Profits averaged 4.45% per annum over a 3-year period, due to an upward trend in home prices in SMITHS BEACH, 3922.
The gross rental yield in SMITHS BEACH, 3922 is 0%.
An average of 2.08 real estate transactions take place per month in SMITHS BEACH which translates to 25 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-8.64%||N/A|
|Median 3 years||13.35%||N/A|
|Median 5 years||4.65%||N/A|
|10 years average annual||7.57%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||98.4 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|