At number 626th in the list of Australian suburbs ordered by increase in median house value over the last year, Soldiers Hill, 3350 is in the top 20% with a property value increase of 7.95% recorded in median house prices.
While Soldiers Hill,3350 ranked number 138th in VIC for increase in median house value (annualised) increase, it is ranked 215th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Soldiers Hill, 3350. Typically our figures indicate that -5.81% is being offered, which puts this VIC suburb at 2195th most discounted overall in Australia.
In the last year 63 properties changed hands in Soldiers Hill, which puts it as the 349th most active market in VIC when comparing the number of sales per suburb.
Soldiers Hill, 3350’s gross rental yield is 3.61%
Property value increases in Soldiers Hill have tracked lower than the VIC average of 0.68% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Soldiers Hill has increased when compared to the 5 year average annual rate.
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.
Property investors should expect to get $275 weekly from the median priced house in this suburb.