How long can ‘JobKeepers’ afford their rent?
Following a raft of fiscal changes to protect businesses and workers, the focus has shifted to housing, with landlords and tenants urged to ...
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The suburb’s capital gain of -3.13% for the past year is lower than average compared to its 15.89% growth within a five-year period.
Also in GOWRIE, the median home price is sitting at $620,000, and the average rent at $540, this suggests property owners could potentially earn a 4.53% increase in gross rental yield.
Property investors have seen a 3.98% gain in GOWRIE 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 3.56% growth over a ten-year period. It ranks 2159th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $620,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.98% | N/A |
| Median 12 month | -3.13% | N/A |
| Median 3 years | 16.54% | N/A |
| Median 5 years | 15.89% | N/A |
| 10 years average annual | 3.56% | N/A |
| Weekly media advert. rent | $540 | N/A |
| Time on Market | 53.0 days | N/A |
| Gross Rental Yield Percent | 4.53% | N/A |
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