The suburb’s capital gain of 3.09% for the past year is lower than average compared to its 77.37% growth within a five-year period.
Also in FAIRFIELD HEIGHTS, the median home price is sitting at $768,000, and the average rent at $535, this suggests property owners could potentially earn a 3.62% increase in gross rental yield.
Property investors have seen a 1.05% gain in FAIRFIELD HEIGHTS 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 9.07% growth over a ten-year period. It ranks 247th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.09%||9.89%|
|Median 3 years||37.14%||23.24%|
|Median 5 years||77.37%||61.42%|
|10 years average annual||9.07%||7.11%|
|Weekly media advert. rent||$535||$470|
|Time on Market||72.2 days||33.4 days|
|Gross Rental Yield Percent||3.62%||4.26%|