Property Market Update: Brisbane, August 2021
Brisbane property prices went against the grain in August, delivering steady gains as its bigger capital city peers face...
Based on its average 5-year and quarterly capital gains RHODES, 2138 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 3.89% growth over a ten-year period. It ranks 885th on our list of suburbs that property investors should look into.
RHODES, 2138 in NSW belongs to the local government area of Canada Bay (A).
RHODES, 2138 has a capital gain of 4.61% for the past year, which is higher than average compared to its 4.3% growth within a five-year period.
With the median home price in RHODES sitting at $891,800, and the average rent at $560, property owners could potentially earn a 3.27% 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.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||4.61%|
|Median 3 years||N/A||-0.91%|
|Median 5 years||N/A||4.3%|
|10 years average annual||N/A||3.89%|
|Weekly media advert. rent||N/A||$560|
|Time on Market||N/A||70.7 days|
|Gross Rental Yield Percent||N/A||3.27%|