Hoppers Crossing has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 10.10% to date .
Over the longer term, Hoppers Crossing has seen property prices show investors a 23.44% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Hoppers Crossing is $395000, with sellers offering an average of -4.79% off the asking price.
At number 361 in a list of fastest selling suburbs, Hoppers Crossing is in the TOP 10% of suburbs in Australia with an average of days on market 45.62 for properties listed there.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.21%, without taking into account capital value appreciation, which has been averaging out at 5.80%.
Hoppers Crossing is an average performer in VIC when comparing median price capital growth over the last year. Hoppers Crossing gave property investors a good capital gain figure when compared to the rest of the state, with 5.36%.
Taking the average capital gain, or increase in median house value, Hoppers Crossing,3029 has racked up an average of 5.36% over the period. This ranks it number 682th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -5.74% to buyers in Hoppers Crossing at the moment, which is less than average for the rest of VIC.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 5.11%, without taking into account capital value appreciation, which has been averaging out at 4.19%.