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The suburb’s capital gain of 7.12% for the past year is lower than average compared to its 38.44% growth within a five-year period.
Also in PAGE, the median home price is sitting at $632,000, and the average rent at $460, this suggests property owners could potentially earn a 3.78% increase in gross rental yield.
Property investors have seen a 0.88% gain in PAGE 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 5.1% growth over a ten-year period. It ranks 1550th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $632,000 | $437,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0.88% | N/A |
| Median 12 month | 7.12% | 4.42% |
| Median 3 years | 29.77% | 1.74% |
| Median 5 years | 38.44% | 9.38% |
| 10 years average annual | 5.1% | 1.6% |
| Weekly media advert. rent | $460 | $410 |
| Time on Market | 0.0 days | 32.0 days |
| Gross Rental Yield Percent | 3.78% | 4.87% |
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