RBA bearish on investment outlook
The Reserve Bank of Australia has revised its outlook for dwelling investment as the second lockdown in Victoria is likely to have sharper d...
A steady increase in median property prices over a five-year period in the suburb translates to a N/A capital gain.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $2,960,000.
Home owners selling their properties and realtors in WOLLSTONECRAFT usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $950 mark, reflecting a 1.67% increase in returns based on the current median price in WOLLSTONECRAFT.
WOLLSTONECRAFT, 2065 places 569th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,960,000 | $1,130,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.81% | 4.15% |
| Median 12 month | N/A | 6.35% |
| Median 3 years | N/A | -5.83% |
| Median 5 years | 32.74% | 29.14% |
| 10 years average annual | 8.43% | 6.46% |
| Weekly media advert. rent | $950 | $600 |
| Time on Market | 0.0 days | 51.8 days |
| Gross Rental Yield Percent | 1.67% | 2.76% |
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