Property to regain momentum following health crisis
Strong property price growth before the outbreak of COVID-19 gives investors a snapshot of what market conditions will be like once the pand...
The suburb’s capital gain of 2.6% for the past year is lower than average compared to its 33.49% growth within a five-year period.
Also in EARLWOOD, the median home price is sitting at $1,360,000, and the average rent at $700, this suggests property owners could potentially earn a 2.68% increase in gross rental yield.
Property investors have seen a 6.67% gain in EARLWOOD 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 7.5% growth over a ten-year period. It ranks 381st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.6%||-2.49%|
|Median 3 years||0.33%||-4.68%|
|Median 5 years||33.49%||9.3%|
|10 years average annual||7.5%||6.72%|
|Weekly media advert. rent||$700||$525|
|Time on Market||73.8 days||79.2 days|
|Gross Rental Yield Percent||2.68%||3.67%|
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