Property investors have seen a 5.64% 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 $1,825,000
Profits averaged -2.67% per annum over a 3-year period, due to an downward trend in home prices in FINGAL, 3939.
This means, real estate investors could earn a rental income of $1000 based on current median home prices for the suburb.
The gross rental yield in FINGAL, 3939 is 2.85%.
An average of 0.83 real estate transactions take place per month in FINGAL which translates to 10 per annum.