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An avid investor has his eyes on the prize, embarking on a goal to turn his efforts into supporting a big cause. ...
The suburb’s capital gain of 2.58% for the past year is lower than average compared to its 31.27% growth within a five-year period.
Also in GREENWICH, the median home price is sitting at $2,796,000, and the average rent at $1100, this suggests property owners could potentially earn a 2.05% increase in gross rental yield.
Property investors have seen a -2.32% 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 5.52% growth over a ten-year period. It ranks 1254th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,796,000 | $825,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.32% | 7.18% |
| Median 12 month | 2.58% | 7.14% |
| Median 3 years | 10.51% | 5.77% |
| Median 5 years | 31.27% | 13.01% |
| 10 years average annual | 5.52% | 4.35% |
| Weekly media advert. rent | $1100 | $525 |
| Time on Market | 58.1 days | 52.6 days |
| Gross Rental Yield Percent | 2.05% | 3.31% |
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