Flinders

POSTAL CODE: VIC, 3929

HOUSE

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 9.18% growth over a ten-year period. It ranks 483rd on our list of suburbs that property investors should look into.

FLINDERS, 3929 has a capital gain of -9.77% for the past year, which is lower than average compared to its -18.9% growth within a five-year period.

With the median home price in FLINDERS sitting at $1,985,000, and the average rent at $955, property owners could potentially earn a 2.5% increase in gross rental yield.

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

FLINDERS, 3929 in VIC belongs to the local government area of Mornington Peninsula.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,985,000	N/A
Growth Report
Median Quarterly	-0.75%	N/A
Median 12 month	-9.77%	N/A
Median 3 years	-40.44%	N/A
Median 5 years	-18.9%	N/A
10 years average annual	9.18%	N/A
Weekly media advert. rent	$955	N/A
Time on Market	76.1 days	N/A
Gross Rental Yield Percent	2.5%	N/A

Demographics (Median Values)*

Total Population 905

Weekly Household Income 1632

Household Size 2.20

Average Age 58

Monthly Loan Repayment 2500

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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