Off-market or ‘on the nose’?
The term “off-market” gets thrown around more and more these days. For the record, Propertyology has never been totally comfortable with...
The suburb’s capital gain of -3.33% for the past year is lower than average compared to its 17.17% growth within a five-year period.
Also in CALWELL, the median home price is sitting at $580,000, and the average rent at $500, this suggests property owners could potentially earn a 4.48% increase in gross rental yield.
Property investors have seen a 0% gain in CALWELL 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 2.05% growth over a ten-year period. It ranks 2849th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $580,000 | $401,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -2.07% |
| Median 12 month | -3.33% | -2.07% |
| Median 3 years | 9.8% | 10% |
| Median 5 years | 17.17% | 16.38% |
| 10 years average annual | 2.05% | 1.35% |
| Weekly media advert. rent | $500 | $450 |
| Time on Market | 59.8 days | 50.8 days |
| Gross Rental Yield Percent | 4.48% | 5.83% |
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