How Much is a Home Worth in Hillside?
The median price for a house in Hillside is $640,000 as of February 5, 2020. A median-priced unit is $447,000. So far in the last year, there has been 171 homes and 25 units sold. The annual capital growth for homes is 6.29% and units is 5.39%. The 12-month capital growth is 0.16% on houses and -0.11% for units. The Demand to Supply Ratio rating has homes as above average and units or apartments as good. An above-average rating generally means this is a good market for housing investors to add to their portfolio. Vendors are usually getting the price they are asking for. As an investment expect the capital growth to trend ahead of the national average.
House prices and rent returns in Hillside.
- 3 bedroom home $600,000 Rent per week $380
- 4 bedroom home $655,000 Rent per week $440
Unit prices and rent returns in Hillside.
- 3 bedroom unit $460,000 Rent per week $365
The gross rental yield for houses is 3.40% and for units, it is 4.14%. It takes 60 days to sell a house and 52 days to sell a unit in Hillside.
Free Real Estate Appraisal Hillside 3037
Selling your home in Hillside? We have free real estate appraisals on homes, units and land. Selling your home is a major decision for any house owner. We give free real estate appraisals on land, units, apartments and homes. Our appraiser’s factor in proximity to schools, shops, public transport and amenities. Once we have a price we can introduce the seller to our list of potential buyers and investors. We market the property via all the real estate portals, social media, radio and our website.
Rental Appraisal Hillside
Do you have an investment property you wish to rent? Or, do you want to rent out your home? Appraising the potential rent return on a home varies marginally from a house appraisal that is for sale. The difference being the landlord owns the property and has an investment in the type of tenant that holds the lease. We carefully screen each tenant and make it clear there is a level of care that must be maintained. Our property management team currently manages over 3500 properties.
Sydenham Suburb Profile
Recent Sold Homes in Hillside VIC 3037
View our list of recently sold homes in Hillside and Sydenham. Our database of sales shows houses and units sold in the past year.
Lifestyle in Hillside
Hillside is located 23 kilometres from the central business district of Melbourne in the north-west. There is the local football club called the Sydenham Hillside Football Club that plays in the Essendon Football District League. To the north is the Calder Thunderdome.
Schools in Hillside
There are 3 primary schools in Hillside.
- Cana Catholic Primary School Co-educational
- Parkwood Green Primary School Co-educational
- Sydenham-Hillside Primary School Co-educational