ACT Reports Progress Of ‘Better Suburbs’
The ACT government has delivered an update on its “Better Suburbs” plan, detailing the headway that has been made to...
Property investors enjoyed capital gains of 31.99% over the last 12 months in DOVER HEIGHTS, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 7.19% growth over a ten-year period. It ranks 920th on our list of suburbs that property investors should look into.
DOVER HEIGHTS, 2030 has a capital gain of 31.99% for the past year, which is higher than average compared to its 45.43% growth within a five-year period.
With the median home price in DOVER HEIGHTS sitting at $4,817,500, and the average rent at $1893.75, property owners could potentially earn a 2.04% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in DOVER HEIGHTS are low, as opposed to average gains per annum over the past five years.
DOVER HEIGHTS, 2030 in NSW belongs to the local government area of Waverley (A).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||31.99%||12.67%|
|Median 3 years||18.8%||43.73%|
|Median 5 years||45.43%||-37%|
|10 years average annual||7.19%||8.16%|
|Weekly media advert. rent||$1893.75||$645|
|Time on Market||120.1 days||0.0 days|
|Gross Rental Yield Percent||2.04%||1.77%|