Also in EDMONDSON PARK, the median home price is sitting at $849,990, and the average rent at $617.5, this suggests property owners could potentially earn a 3.78% increase in gross rental yield.
Property investors have seen a 1.24% gain in EDMONDSON PARK 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 9.8% growth over a ten-year period. It ranks 46th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.5%||N/A|
|Median 3 years||33.68%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||9.8%||N/A|
|Weekly media advert. rent||$617.5||N/A|
|Time on Market||110.4 days||N/A|
|Gross Rental Yield Percent||3.78%||N/A|