The biggest mistakes first-time investors can make
No matter if you are a first-time investor or a veteran in the market, there are some aspects of investing that are universal to all. Thatâ€...
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The suburb’s capital gain of -6.74% for the past year is lower than average compared to its 37.57% growth within a five-year period.
Also in SOUTH HURSTVILLE, the median home price is sitting at $1,245,000, and the average rent at $610, this suggests property owners could potentially earn a 2.55% increase in gross rental yield.
Property investors have seen a 0% 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 8.53% growth over a ten-year period. It ranks 279th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,245,000 | $708,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -4.97% |
| Median 12 month | -6.74% | -13.66% |
| Median 3 years | 2.34% | 4.89% |
| Median 5 years | 37.57% | 18.39% |
| 10 years average annual | 8.53% | 6.48% |
| Weekly media advert. rent | $610 | $500 |
| Time on Market | 68.4 days | 76.6 days |
| Gross Rental Yield Percent | 2.55% | 3.67% |
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