Suburb Profile Report for Harkness VIC (3337)

Harkness House: Median price $475,000, Annual capital growth 5.46%, Number of sales 242, Weekly median advertised rent $370

Harkness Unit: Median price $352,500, Annual capital growth 4.18%, Number of sales 20, Weekly median advertised rent $320

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 2077th in the list of Australian suburbs ordered by increase in median house value over the last year, Harkness, 3337 is in the BOTTOM 50% with a property value increase of 0.00% recorded in median house prices.

Comparing Harkness,3337 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Harkness are currently offering property investors an average price cut of -6.85% below the asking price at the moment.

Harkness, 3337’s gross rental yield is 4.05%

Property value increases in Harkness have tracked close to the VIC average of 6.11% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Harkness comes in at number 102th in VIC.

At number 84 in a list of fastest selling suburbs, Harkness is in the TOP 10% of suburbs in Australia with an average of days on market 45.375 for properties listed there.

Harkness, 3337’s gross rental yield is 4.72%

Metrics i HOUSE UNIT
$475,000 $352,500
0.00% 1.15%
0.00% 6.02%
5.46% 4.18%
$370 $320
242 20
4.05% 4.72%
67.3028846153846 45.375

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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