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Property investors have seen a 0.44% 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 $572,500
Profits averaged 3.37% 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 $385 based on current median home prices for the suburb.
The gross rental yield in BLIND BIGHT, 3980 is 3.5%.
An average of 2 real estate transactions take place per month in BLIND BIGHT which translates to 24 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0.88%||N/A|
|Median 3 years||10.1%||N/A|
|Median 5 years||43.13%||N/A|
|10 years average annual||5.49%||N/A|
|Weekly media advert. rent||$385||N/A|
|Time on Market||34.0 days||N/A|
|Gross Rental Yield Percent||3.5%||N/A|