Comparative market analysis for 2BR Coops at the Windsor Park
COMPARATIVE MARKET ANALYSIS
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COMPARATIVE MARKET ANALYSIS 12 LEICESTER SQUARE, INVERLOCH, VIC 3996 PREPARED BY WWW.INVELROCHATREALTY.COM.AU
Transcript of COMPARATIVE MARKET ANALYSIS
COMPARATIVE MARKET ANALYSIS12 LEICESTER SQUARE, INVERLOCH, VIC 3996
PREPARED BY WWW.INVELROCHATREALTY.COM.AU
RE: Property Rental Appraisal
We have based this rental appraisal on current market conditions for Inverloch as well ourextensive knowledge of the property market in the local area.
12 Leicester Square Inverloch
www.invelrochatrealty.com.auEmail: [email protected]: 0472 523 445
Inverloch Primary School
Prep - 6 Co-ed
School Catchment Areas
Wonthaggi Secondary College
7 - 12 Co-ed
Age of Population (2016)
Family Composition (2016)
Dwelling Structure (2016)
Home Ownership (2016)
Home Loan Repayments - Monthly (2016)
Rent Payments - Weekly (2016)
Household Income - Weekly (2016)
Non-School Qualification: Level of Education (2016)
Occupation (2016)
Employment (2011)
Method of Travel to Work (2016)
Median Weekly Rents (Houses)
Suburb Rental Yield
+2.8%Current Median Price: $715,000
Current Median Rent: $380Based on 113 registered House rentals compared
over the last 12 months.
+10.0%Current Median Price: $715,000Previous Median Price: $650,000
Based on 30 registered House sales compared overthe last two rolling 12 month periods.
Suburb Sale Price Growth
Median Weekly Rents (Units)
Suburb Rental Yield
+2.1%Current Median Price: $747,500
Current Median Rent: $305Based on 28 registered Unit rentals compared over
the last 12 months.
+41.7%Current Median Price: $747,500Previous Median Price: $527,500
Based on 6 registered Unit sales compared over thelast two rolling 12 month periods.
Suburb Sale Price Growth
Comparable Properties Map
SoldFor Rent For Sale
© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute abreach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying uponsuch information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
Nearby Comparable Rental PropertiesThere are 3 rental properties selected within the radius of 3000.0m from the focus property. The lowest for rent price is $510 and the highest for rent price is $550with a median rental price of $520. Days listed ranges from 5 to 22 days with the average currently at 14 days for these selected properties.
10 ALBATROSS DR, INVERLOCH 3996
Property Type:Area:RPD:
Features:
House615 m²
709//PS803144$520.00 Per Week
$520.00 Per WeekCurrent Rent Price:First Rent Price:
224
June 2021* (Rented)Month Listed:22 DaysDays on Market:
A
19 HIGH ST, INVERLOCH 3996
Property Type:Area:RPD:
Features:
House600 m²
12//LP2973$550 wk
$550 wkCurrent Rent Price:First Rent Price:
124
January 2021* (Rented)Month Listed:15 DaysDays on Market:
B
13 OVERLOOK DR, INVERLOCH 3996
Property Type:Area:RPD:
Features:
House713 m²
36//LP30078$510 per week
$510 per weekCurrent Rent Price:First Rent Price:
226
May 2021* (Rented)Month Listed:5 DaysDays on Market:
C
Name:
Contact your agent for further information:
Mobile:
Office:
Office Phone:
Email:
Leo Edwards
0472 523 445
12 LEICESTER SQUARE, INVERLOCH, VIC 3996
This market analysis has been prepared on 15/07/2021 and all information given has been based on a current market analysis for the property listed above.Based on this, we believe this property to be estimated in the following range:
Appraisal Price
$525pw to $550pw
