How Does An Economist View Labor’s Housing Plans?
Saturday’s (21 May) federal election brought with it a new government, with the Albanese-led Labor party winning power...
Based on its average 5-year and quarterly capital gains BONNYRIGG HEIGHTS, 2177 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that BONNYRIGG HEIGHTS, 2177 obtained a 7.79% growth over a ten-year period. It ranks 1017th on our list of suburbs that property investors should look into.
BONNYRIGG HEIGHTS, 2177 in NSW belongs to the local government area of Fairfield (C).
BONNYRIGG HEIGHTS, 2177 has a capital gain of 20.51% for the past year, which is higher than average compared to its 25% growth within a five-year period.
With the median home price in BONNYRIGG HEIGHTS sitting at $940,000, and the average rent at $495, property owners could potentially earn a 2.74% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BONNYRIGG HEIGHTS are high, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||20.51%||N/A|
|Median 3 years||28.77%||N/A|
|Median 5 years||25%||N/A|
|10 years average annual||7.79%||N/A|
|Weekly media advert. rent||$495||N/A|
|Time on Market||33.1 days||N/A|
|Gross Rental Yield Percent||2.74%||N/A|