New bank hits the market, set to offer home loans
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The suburb’s capital gain of -8.28% for the past year is lower than average compared to its 45.36% growth within a five-year period.
Also in EARLWOOD, the median home price is sitting at $1,330,000, and the average rent at $695, this suggests property owners could potentially earn a 2.72% increase in gross rental yield.
Property investors have seen a -1.48% drop in EARLWOOD based on a decrease 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 7.76% growth over a ten-year period. It ranks 631st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,330,000 | $762,500 |
| GROWTH REPORT | ||
| Median Quarterly | -1.48% | -14.95% |
| Median 12 month | -8.28% | -12.56% |
| Median 3 years | 6.4% | 0.33% |
| Median 5 years | 45.36% | 26.4% |
| 10 years average annual | 7.76% | 6.84% |
| Weekly media advert. rent | $695 | $540 |
| Time on Market | 50.6 days | 64.0 days |
| Gross Rental Yield Percent | 2.72% | 3.68% |
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