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Grantville
AREA REPORTS

Grantville

Grantville - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3984

house

Property investors enjoyed capital gains of 20.43% over the last 12 months in GRANTVILLE, translating to lower returns compared with its peers in VIC.

Figures from the previous quarter show that capital gains for real estate buyers in GRANTVILLE are low, as opposed to average gains per annum over the past five years.

The suburb posted a 36.59% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in GRANTVILLE.

GRANTVILLE, 3984 ranks 307th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 648th on the list of best yielding suburbs for rental properties in VIC, posting a 0% return.

Data report can be found below

Grantville
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $560,000 N/A
GROWTH REPORT
Median Quarterly 4.19% N/A
Median 12 month 20.43% N/A
Median 3 years 36.59% N/A
Median 5 years 93.1% N/A
10 years average annual 10.18% N/A
Weekly media advert. rent N/A N/A
Time on Market 43.5 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
5209
Weekly Household Income
943
Household Size
2.20
Age
49
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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