4 Key Takeaways From The Treasurer
Property appears to be front and centre of the federal government’s economic agenda, so what can investors expect fro...
The suburb’s capital gain of 8.93% for the past year is higher than average compared to its 9.75% growth within a five-year period.
Also in SOUTH HURSTVILLE, the median home price is sitting at $1,448,750, and the average rent at $580, this suggests property owners could potentially earn a 2.08% increase in gross rental yield.
Property investors have seen a 4.04% gain in SOUTH HURSTVILLE 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 6.98% growth over a ten-year period. It ranks 1032nd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.93%||2.84%|
|Median 3 years||16.83%||3.5%|
|Median 5 years||9.75%||4.1%|
|10 years average annual||6.98%||3.94%|
|Weekly media advert. rent||$580||$450|
|Time on Market||0.0 days||85.7 days|
|Gross Rental Yield Percent||2.08%||3.07%|