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Blind Bight

Suburb Profile

Blind Bight - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3980

house

Property investors have seen a 4.76% gain in BLIND BIGHT based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains BLIND BIGHT, 3980 saw average growth in the long term.

The VIC suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $550,000

Profits averaged 7.87% per annum over a 3-year period, due to an upward trend in home prices in BLIND BIGHT, 3980.

This means, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

The gross rental yield in BLIND BIGHT, 3980 is 3.78%.

An average of 1.08 real estate transactions take place per month in BLIND BIGHT which translates to 13 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $550,000 N/A
GROWTH REPORT
Median Quarterly 4.76% N/A
Median 12 month 0.14% N/A
Median 3 years 23.6% N/A
Median 5 years 46.67% N/A
10 years average annual 5.68% N/A
Weekly media advert. rent $400 N/A
Time on Market 71.9 days N/A
Gross Rental Yield Percent 3.78% N/A
demographics (median values)
Total Population
1281
Weekly Household Income
1075
Household Size
2.80
demographics
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