Property investors have seen a 3.5% gain in FINGAL based on an increase in median home prices for the past three months.
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 $1,035,000
Profits averaged 12.06% per annum over a 3-year period, due to an upward trend in home prices in FINGAL, 3939.
This means, real estate investors could earn a rental income of $672.5 based on current median home prices for the suburb.
The gross rental yield in FINGAL, 3939 is 3.38%.
An average of 1.5 real estate transactions take place per month in FINGAL which translates to 18 per annum.
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