Homelessness inquiry suspended
The House of Representatives standing committee on social policy and legal affairs has agreed to suspend its inquiry into homelessness in Au...
The suburb’s capital gain of -7.63% for the past year is lower than average compared to its 11.38% growth within a five-year period.
Also in SOUTH HURSTVILLE, the median home price is sitting at $1,150,000, and the average rent at $650, this suggests property owners could potentially earn a 2.94% increase in gross rental yield.
Property investors have seen a 1.55% 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 5.77% growth over a ten-year period. It ranks 1308th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,150,000 | $730,964 |
| GROWTH REPORT | ||
| Median Quarterly | 1.55% | 1.81% |
| Median 12 month | -7.63% | -2.54% |
| Median 3 years | -13.42% | -8.52% |
| Median 5 years | 11.38% | 14.84% |
| 10 years average annual | 5.77% | 5.92% |
| Weekly media advert. rent | $650 | $490 |
| Time on Market | 52.2 days | 85.5 days |
| Gross Rental Yield Percent | 2.94% | 3.49% |
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