The suburb’s capital gain of 1.13% for the past year is lower than average compared to its 76.74% growth within a five-year period.
Also in FAIRFIELD HEIGHTS, the median home price is sitting at $760,000, and the average rent at $510, this suggests property owners could potentially earn a 3.49% increase in gross rental yield.
Property investors have seen a 1.47% 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 8.91% growth over a ten-year period. It ranks 269th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.13%||2.78%|
|Median 3 years||38.18%||23.68%|
|Median 5 years||76.74%||56.78%|
|10 years average annual||8.91%||6.97%|
|Weekly media advert. rent||$510||$480|
|Time on Market||71.6 days||0.0 days|
|Gross Rental Yield Percent||3.49%||4.5%|