The suburb’s capital gain of 3.63% for the past year is lower than average compared to its 52.41% growth within a five-year period.
Also in GREENWICH, the median home price is sitting at $2,469,000, and the average rent at $1250, this suggests property owners could potentially earn a 2.63% increase in gross rental yield.
Property investors have seen a -3.21% 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 6.29% growth over a ten-year period. It ranks 1127th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.63%||7.44%|
|Median 3 years||23.45%||14.71%|
|Median 5 years||52.41%||35.65%|
|10 years average annual||6.29%||10.23%|
|Weekly media advert. rent||$1250||$590|
|Time on Market||0.0 days||59.7 days|
|Gross Rental Yield Percent||2.63%||3.93%|