Perth Rentals Down 10-30% From Peak
The Perth rental market has risen in affordability, with a new analysis showing more than 200 suburbs with median house ...
The suburb’s capital gain of 2.79% for the past year is higher than average compared to its 13.46% growth within a five-year period.
Also in HINCHINBROOK, the median home price is sitting at $737,500, and the average rent at $500, this suggests property owners could potentially earn a 3.53% increase in gross rental yield.
Property investors have seen a 2.43% gain in HINCHINBROOK 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 5.95% growth over a ten-year period. It ranks 1234th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.79%||N/A|
|Median 3 years||-1.01%||N/A|
|Median 5 years||13.46%||N/A|
|10 years average annual||5.95%||N/A|
|Weekly media advert. rent||$500||N/A|
|Time on Market||37.2 days||N/A|
|Gross Rental Yield Percent||3.53%||N/A|