Investor stories: How to find a good property manager
Several property investors consider a good team of professionals as one of the most important keys to success in wealth creation. How do you...
The suburb’s capital gain of 1.49% for the past year is lower than average compared to its 13.57% growth within a five-year period.
Also in GOWRIE, the median home price is sitting at $596,250, and the average rent at $550, this suggests property owners could potentially earn a 4.8% increase in gross rental yield.
Property investors have seen a -6.84% drop in GOWRIE based on a decrease 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% growth over a ten-year period. It ranks 2452nd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $596,250 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -6.84% | N/A |
| Median 12 month | 1.49% | N/A |
| Median 3 years | 12.5% | N/A |
| Median 5 years | 13.57% | N/A |
| 10 years average annual | 3% | N/A |
| Weekly media advert. rent | $550 | N/A |
| Time on Market | 55.7 days | N/A |
| Gross Rental Yield Percent | 4.8% | N/A |
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