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Infrastructure is an important aspect of every strong community, yet the most influential type of infrastructure may sur...
The suburb’s capital gain of -0.4% for the past year is lower than average compared to its 21.57% growth within a five-year period.
Also in BALMAIN EAST, the median home price is sitting at $3,100,000, and the average rent at $1100, this suggests property owners could potentially earn a 1.85% increase in gross rental yield.
Property investors have seen a 5.98% gain in BALMAIN EAST 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 7.04% growth over a ten-year period. It ranks 1427th on our list of suburbs that property investors should look into.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $3,100,000 | $1,331,000 |
GROWTH REPORT | ||
Median Quarterly | 5.98% | -3.9% |
Median 12 month | -0.4% | -4.93% |
Median 3 years | 2.48% | -0.3% |
Median 5 years | 21.57% | 22.73% |
10 years average annual | 7.04% | 9.99% |
Weekly media advert. rent | $1100 | $700 |
Time on Market | 0.0 days | 0.0 days |
Gross Rental Yield Percent | 1.85% | 2.73% |