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The suburb’s capital gain of 6.76% for the past year is higher than average compared to its 15.4% growth within a five-year period.
Also in ZETLAND, the median home price is sitting at $1,996,500, and the average rent at $850, this suggests property owners could potentially earn a 2.21% increase in gross rental yield.
Property investors have seen a -1.29% drop in ZETLAND 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 12.42% growth over a ten-year period. It ranks 3735th on our list of suburbs that property investors should look into.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $1,996,500 | $930,000 |
GROWTH REPORT | ||
Median Quarterly | -1.29% | 2.76% |
Median 12 month | 6.76% | 1.64% |
Median 3 years | N/A | 3.33% |
Median 5 years | 15.4% | -9.71% |
10 years average annual | 12.42% | 4.83% |
Weekly media advert. rent | $850 | $620 |
Time on Market | 0.0 days | 62.9 days |
Gross Rental Yield Percent | 2.21% | 3.47% |