The Seasonal Slowdown Is Already Over: Auctions Are Back For 2022
The property market has had an earlier than usual jumpstart in January 2022. ...
A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 12.26% growth over a ten-year period. It ranks 3710th on our list of suburbs that property investors should look into.
With the median home price in SOMERS sitting at $1,706,750, and the average rent at $460, property owners could potentially earn a 1.4% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SOMERS are low, as opposed to average gains per annum over the past five years.
SOMERS, 3927 in VIC belongs to the local government area of Mornington Peninsula (S).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||N/A|
|Median 3 years||86.43%||N/A|
|Median 5 years||130.64%||N/A|
|10 years average annual||12.26%||N/A|
|Weekly media advert. rent||$460||N/A|
|Time on Market||50.3 days||N/A|
|Gross Rental Yield Percent||1.4%||N/A|