REDBANK PLAINS 
1 MIN READDemand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
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Canada BayCanada Bay - SUBURB PROFILE REPORT
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Figures from the previous quarter show that capital gains for real estate buyers in CANADA BAY are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $750 based on current median home prices for the suburb.
On average, rents on listings have reached the $750 mark, reflecting a 1.69% increase in returns based on the current median price in CANADA BAY.
While it ranks 1046th on the list of best yielding suburbs for rental properties in NSW, posting a 1.69% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,305,000 | $1,072,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0.88% | 16.89% |
| Median 12 month | N/A | 23.38% |
| Median 3 years | N/A | N/A |
| Median 5 years | 53.67% | N/A |
| 10 years average annual | 17.41% | 16.83% |
| Weekly media advert. rent | $750 | $520 |
| Time on Market | 0.0 days | 0.0 days |
| Gross Rental Yield Percent | 1.69% | 2.52% |
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