The suburb’s capital gain of 7.62% for the past year is lower than average compared to its 73.42% growth within a five-year period.
Also in HAMMONDVILLE, the median home price is sitting at $770,000, and the average rent at $530, this suggests property owners could potentially earn a 3.58% increase in gross rental yield.
Property investors have seen a 0% gain in HAMMONDVILLE 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 8.13% growth over a ten-year period. It ranks 511th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.62%||-2.87%|
|Median 3 years||46.67%||39.47%|
|Median 5 years||73.42%||N/A|
|10 years average annual||8.13%||8.13%|
|Weekly media advert. rent||$530||$425|
|Time on Market||44.5 days||0.0 days|
|Gross Rental Yield Percent||3.58%||4.06%|