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Rhyll
AREA REPORTS

Rhyll

Rhyll - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3923

house

RHYLL, 3923 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 RHYLL, 3923 values up and netting property investors a capital gain of 32.71% for the past year.

Investors saw the median home price rise to $783,000.

Profits due to an upward trend in home prices in the suburb averaged 5.33% per annum over a 3-year period.

RHYLL now ranks at the th 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 RHYLL are low, 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 RHYLL, homes and units usually stay on listing for an average of 52.7 days.

In 2016, 27 properties were sold in RHYLL during the past year, making it the 396th most active market in VIC based on total real estate transactions.

Data report can be found below

Rhyll
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $783,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 32.71% N/A
Median 3 years 16% N/A
Median 5 years 70.22% N/A
10 years average annual 7.91% N/A
Weekly media advert. rent N/A N/A
Time on Market 52.7 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
519
Weekly Household Income
924
Household Size
2.00
Age
58
Monthly Loan Repayment
1509
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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