Canberra Now Boasts A 7-figure Median House Price
With double-digit growth and the steepest price acceleration in almost three decades, Canberra continues to dominate the...
The suburb’s capital gain of 8% for the past year is higher than average compared to its 15.56% growth within a five-year period.
Also in EARLWOOD, the median home price is sitting at $1,485,000, and the average rent at $675, this suggests property owners could potentially earn a 2.36% increase in gross rental yield.
Property investors have seen a 5.98% 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 7.04% growth over a ten-year period. It ranks 676th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8%||11.26%|
|Median 3 years||6.07%||-6.98%|
|Median 5 years||15.56%||10.16%|
|10 years average annual||7.04%||5.8%|
|Weekly media advert. rent||$675||$480|
|Time on Market||47.1 days||0.0 days|
|Gross Rental Yield Percent||2.36%||2.97%|