Q&A: Babak Haeri, The Investors Agency
In this exclusive Q&A, Smart Property Investment speaks to founder of The Investors Agency, Babak Haeri. ...
The suburb’s capital gain of -2.34% for the past year is lower than average compared to its 16.82% growth within a five-year period.
Also in GOWRIE, the median home price is sitting at $625,000, and the average rent at $570, this suggests property owners could potentially earn a 4.74% increase in gross rental yield.
Property investors have seen a 1.63% 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 3.2% growth over a ten-year period. It ranks 2316th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $625,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.63% | N/A |
| Median 12 month | -2.34% | N/A |
| Median 3 years | 14.68% | N/A |
| Median 5 years | 16.82% | N/A |
| 10 years average annual | 3.2% | N/A |
| Weekly media advert. rent | $570 | N/A |
| Time on Market | 52.5 days | N/A |
| Gross Rental Yield Percent | 4.74% | N/A |
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