The suburb’s capital gain of 5.83% for the past year is lower than average compared to its 111.67% growth within a five-year period.
Also in TELOPEA, the median home price is sitting at $1,270,000, and the average rent at $545, this suggests property owners could potentially earn a 2.23% increase in gross rental yield.
Property investors have seen a 4.53% gain in TELOPEA 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 9.91% growth over a ten-year period. It ranks 21st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.83%||3.81%|
|Median 3 years||54.41%||18.91%|
|Median 5 years||111.67%||46.88%|
|10 years average annual||9.91%||6.29%|
|Weekly media advert. rent||$545||$470|
|Time on Market||52.1 days||43.8 days|
|Gross Rental Yield Percent||2.23%||3.74%|