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AREA REPORTS

Blind Bight

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

house

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.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $572,500 N/A
GROWTH REPORT
Median Quarterly 0.44% N/A
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
demographics (median values)
Total Population
1281
Weekly Household Income
1075
Household Size
2.80
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