INVERLOCH, 3996 ranks 1667th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 9.63% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $472,500.
The upward trend in home prices in INVERLOCH, 3996 averaged 2.87% per annum over a 3-year period.
Average weekly rents on listings have reached the $1300 mark, reflecting a 14.31% increase in returns based on the current median price in INVERLOCH.
An average of 20.92 real estate transactions take place per month in INVERLOCH which translates to 251 per annum.
251 properties were sold in INVERLOCH in 2016, making it the 372nd most active market in VIC based on total real estate transactions.
INVERLOCH, 3996 places 554th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.63%||33.04%|
|Median 3 years||8.62%||23.39%|
|Median 5 years||13.86%||-1.92%|
|10 years average annual||4.81%||2.31%|
|Weekly media advert. rent||$1300||$1200|
|Time on Market||101.3 days||117.7 days|
|Gross Rental Yield Percent||14.31%||16.31%|