How to win the battle of control with the banks
Of around 25 million Australians, 2.2 million own one investment property, 460,000 own two, and around 19,000 own more than six. From this...
The suburb’s capital gain of 6.06% for the past year is higher than average compared to its 21.67% growth within a five-year period.
Also in EDENSOR PARK, the median home price is sitting at $839,500, and the average rent at $480, this suggests property owners could potentially earn a 2.97% increase in gross rental yield.
Property investors have seen a 2.38% gain in EDENSOR 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 6.56% growth over a ten-year period. It ranks 708th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $839,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.38% | N/A |
| Median 12 month | 6.06% | N/A |
| Median 3 years | 5.6% | N/A |
| Median 5 years | 21.67% | N/A |
| 10 years average annual | 6.56% | N/A |
| Weekly media advert. rent | $480 | N/A |
| Time on Market | 84.6 days | N/A |
| Gross Rental Yield Percent | 2.97% | N/A |
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