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A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 21.33% growth over a ten-year period. It ranks 3145th on our list of suburbs that property investors should look into.
With the median home price in RHODES sitting at $2,900,000, and the average rent at $650, property owners could potentially earn a 1.17% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in RHODES are high, as opposed to average gains per annum over the past five years.
RHODES, 2138 in NSW belongs to the local government area of Canada Bay (A).
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $2,900,000 | $947,000 |
GROWTH REPORT | ||
Median Quarterly | 3.46% | 1.08% |
Median 12 month | N/A | 10.12% |
Median 3 years | N/A | 6.4% |
Median 5 years | 15.17% | -0.97% |
10 years average annual | 21.33% | 4.95% |
Weekly media advert. rent | $650 | $580 |
Time on Market | 0.0 days | 72.1 days |
Gross Rental Yield Percent | 1.17% | 3.18% |