How Much is My Home Worth in Hughesdale?
The median price for a house in Hughesdale is $1,175,000 as of March 28, 2019. A median-priced unit is $622,000. There have been 56 houses and 45 units sold this year. Of the house sales, 27 were 3 bedrooms. The average annual capital growth for houses is 7.63% and units is 4.11%. The 12-month capital growth is -14.00%% on houses and -0.82% for units. The Demand to Supply Ratio or DSR rating has houses and units as above average. This is a healthy market for investors wanting to apply some value-adding strategy. Buyers are sometimes able to get away with low-ball offers. Sellers are getting the prices they ask for more often than not. As an investment expect the capital growth to trend ahead of the national average. It takes on average 46 days to sell a house. And 61 days to sell a unit.
House prices and rent returns in Hughesdale.
- 3 bedroom home $880,000 Rent per week $420
- 3 bedroom home $1,200,000 Rent per week $475
- 4 bedroom home $1,440,000 Rent per week $590
Unit prices and rent returns in Hughesdale.
- 2 bedroom unit No Data Rent per week $390
- 2 bedroom unit $588,000 Rent per week $430
- 3 bedroom unit $965,000 Rent per week $530
The gross rental yield for houses is 1.99%. For units, it is 3.70%.
Free Real Estate Appraisal Hughesdale
Are you moving or selling your home in Hughesdale? Our real estate agents provide free property appraisals on land, units, apartments and houses. We base our market price on the recent sales history together with the location to schools, shops and other amenities. Each appraisal is different and we will carefully arrive at our final price.
Free Rental Appraisal Hughesdale
Do you own an investment property in Hughesdale? Or, as you moving and need the services of a property manager? O’Brien real estate manages over 3600 properties in Melbourne. We have a database of potential tenants looking to rent or lease in Hughesdale and its surrounding suburbs. We use the latest software to manage routine inspections, rent collection and maintenance issues. This saves you time and money and increases your return on investment. Our property management team will give you a free and accurate rental appraisal.
Property Valuation Hughesdale
You may not realise but there is a difference between a property appraisal and a property valuation. Any of our real estate agents will provide a free appraisal of your property. But, if for legal matters you require a valuation then you must employ the services of a registered valuer. This valuation will have a fee attached.
Primary School Hughesdale
Lifestyle in Hughesdale
Hughesdale is located 14 kilometres south-east of Melbourne. It has a train station that runs along the Pakenham line. This is a leafy suburb within close proximity to the Chadstone shopping centre. At the 2016 Census there were 7556 recorded residents. Hughesdale neighbouring suburbs include Oakleigh amd Murrumbeena. Dandenong road runs along the northern border and a little further north is the M1 motorway.
Schools in Hughesdale
There are 2 schools in Hughesdale.
- Hughesdale Primary School Co-educational
- Sacred Heart Girls College Girls