Blind Bight

POSTAL CODE: VIC, 3980

HOUSE

Property investors have seen a 1.71% 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 $742,500

Profits averaged 1.33% 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 N/A based on current median home prices for the suburb.

The gross rental yield in BLIND BIGHT, 3980 is N/A.

An average of 1.83 real estate transactions take place per month in BLIND BIGHT which translates to 22 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$742,500	N/A
Growth Report
Median Quarterly	1.71%	N/A
Median 12 month	4.58%	N/A
Median 3 years	4.58%	N/A
Median 5 years	29.69%	N/A
10 years average annual	6.71%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	16.7 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 3350

Weekly Household Income 1501

Household Size 2.70

Average Age 39

Monthly Loan Repayment 1723

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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