Property market update: Melbourne, December 2018
After an unprecedented property boom, the Melbourne market started to soften in 2018—a trend further enhanced by the tightening of credit ...
Property investors have seen a 22.05% gain in FINGAL based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on FINGAL, 3939 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 38.75%.
Based on its average 5-year and quarterly capital gains FINGAL, 3939 saw average growth in the long term.
The VIC 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 $1,280,000
Profits averaged 17.95% per annum over a 3-year period, due to an upward trend in home prices in FINGAL, 3939.
The gross rental yield in FINGAL, 3939 is 0%.
An average of 1.75 real estate transactions take place per month in FINGAL which translates to 21 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,280,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 22.05% | N/A |
| Median 12 month | 38.75% | N/A |
| Median 3 years | 53.85% | N/A |
| Median 5 years | 90.33% | N/A |
| 10 years average annual | 14.54% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 79.2 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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