Clearance rates improve across lower auction volumes
Preliminary figures show improved clearance rates across the combined capital cities for the week ending 2 August. ...
The suburb’s capital gain of 5.77% for the past year is lower than average compared to its 30.83% growth within a five-year period.
Also in EARLWOOD, the median home price is sitting at $1,375,000, and the average rent at $700, this suggests property owners could potentially earn a 2.65% increase in gross rental yield.
Property investors have seen a 0.92% 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 7.39% growth over a ten-year period. It ranks 375th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,375,000 | $765,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.92% | 2.89% |
| Median 12 month | 5.77% | 4.79% |
| Median 3 years | -6.14% | -3.47% |
| Median 5 years | 30.83% | 9.29% |
| 10 years average annual | 7.39% | 6.04% |
| Weekly media advert. rent | $700 | $535 |
| Time on Market | 58.7 days | 80.0 days |
| Gross Rental Yield Percent | 2.65% | 3.64% |
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