Unit rentals break 15-year record
Unit rental yields have had their biggest drop in more than 15 years, with COVID-19 seeing landlords reduce rates, according to latest resea...
The suburb’s capital gain of -4.43% for the past year is lower than average compared to its 9.42% growth within a five-year period.
Also in MAWSON, the median home price is sitting at $755,000, and the average rent at $595, this suggests property owners could potentially earn a 4.1% increase in gross rental yield.
Property investors have seen a 0% gain in MAWSON based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.52% growth over a ten-year period. It ranks 2644th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $755,000 | $440,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -8.52% |
| Median 12 month | -4.43% | -1.35% |
| Median 3 years | 0.8% | -4.56% |
| Median 5 years | 9.42% | -4.86% |
| 10 years average annual | 2.52% | 0.56% |
| Weekly media advert. rent | $595 | $400 |
| Time on Market | 78.0 days | 92.7 days |
| Gross Rental Yield Percent | 4.1% | 4.73% |
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