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The suburb’s capital gain of 8.08% for the past year is lower than average compared to its 73.14% growth within a five-year period.
Also in AVALON BEACH, the median home price is sitting at $1,805,000, and the average rent at $990, this suggests property owners could potentially earn a 2.85% increase in gross rental yield.
Property investors have seen a 0.28% gain in AVALON BEACH based on an increase 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% growth over a ten-year period. It ranks 1298th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,805,000 | $777,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0.28% | -12.64% |
| Median 12 month | 8.08% | -2.81% |
| Median 3 years | 38.85% | 21.48% |
| Median 5 years | 73.14% | 53.2% |
| 10 years average annual | 6% | 5.53% |
| Weekly media advert. rent | $990 | $595 |
| Time on Market | 60.4 days | 72.0 days |
| Gross Rental Yield Percent | 2.85% | 3.98% |
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