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Mount Eliza

Suburb Profile

Mount Eliza - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3930

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,157,500.

The upward trend in home prices in MOUNT ELIZA, 3930 averaged 5.25% per annum over a 3-year period.

Average weekly rents on listings have reached the $767.5 mark, reflecting a 3.45% increase in returns based on the current median price in MOUNT ELIZA.

An average of 26.08 real estate transactions take place per month in MOUNT ELIZA which translates to 313 per annum.

313 properties were sold in MOUNT ELIZA in 2016, making it the 321st most active market in VIC based on total real estate transactions.

MOUNT ELIZA, 3930 places 443rd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,157,500 $610,000
GROWTH REPORT
Median Quarterly 0.65% 0%
Median 12 month -3.54% 14.02%
Median 3 years 15.75% 6.09%
Median 5 years 49.35% 26.42%
10 years average annual 6.36% 4.47%
Weekly media advert. rent $767.5 $410
Time on Market 72.7 days 45.8 days
Gross Rental Yield Percent 3.45% 3.5%
demographics (median values)
Total Population
16712
Weekly Household Income
1384
Household Size
2.80
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