The suburb’s capital gain of 4.5% for the past year is lower than average compared to its 69.67% growth within a five-year period.
Also in GEORGES HALL, the median home price is sitting at $917,500, and the average rent at $580, this suggests property owners could potentially earn a 3.29% increase in gross rental yield.
Property investors have seen a 1.38% gain in GEORGES HALL 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 8.35% growth over a ten-year period. It ranks 449th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.5%||-6.45%|
|Median 3 years||36.58%||25.41%|
|Median 5 years||69.67%||44.1%|
|10 years average annual||8.35%||5.14%|
|Weekly media advert. rent||$580||$530|
|Time on Market||61.9 days||59.4 days|
|Gross Rental Yield Percent||3.29%||4.75%|