The suburb’s capital gain of 3.02% for the past year is lower than average compared to its 78.9% growth within a five-year period.
Also in SOUTH HURSTVILLE, the median home price is sitting at $1,365,000, and the average rent at $600, this suggests property owners could potentially earn a 2.29% increase in gross rental yield.
Property investors have seen a -0.36% drop in SOUTH HURSTVILLE 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 9.36% growth over a ten-year period. It ranks 156th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.02%||1.6%|
|Median 3 years||32.2%||25.2%|
|Median 5 years||78.9%||58.5%|
|10 years average annual||9.36%||7.73%|
|Weekly media advert. rent||$600||$500|
|Time on Market||45.1 days||62.2 days|
|Gross Rental Yield Percent||2.29%||3.28%|