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GreenwichGreenwich - SUBURB PROFILE REPORT
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The suburb’s capital gain of 0.61% for the past year is lower than average compared to its 28.61% growth within a five-year period.
Also in GREENWICH, the median home price is sitting at $2,802,000, and the average rent at $1100, this suggests property owners could potentially earn a 2.04% increase in gross rental yield.
Property investors have seen a -1.29% drop in GREENWICH 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 5.57% growth over a ten-year period. It ranks 1290th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,802,000 | $841,250 |
| GROWTH REPORT | ||
| Median Quarterly | -1.29% | 5.35% |
| Median 12 month | 0.61% | 9.4% |
| Median 3 years | 9.88% | 8.2% |
| Median 5 years | 28.61% | 15.08% |
| 10 years average annual | 5.57% | 4.34% |
| Weekly media advert. rent | $1100 | $500 |
| Time on Market | 51.7 days | 57.3 days |
| Gross Rental Yield Percent | 2.04% | 3.09% |
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