Falling loan deferrals prove market recovery: REIA
The reduction in loan deferral defies doom and gloom forecasts in the property market, the Real Estate Industry of Australia has said. ...
The suburb’s capital gain of -4.56% for the past year is lower than average compared to its 22.67% growth within a five-year period.
Also in GWANDALAN, the median home price is sitting at $460,000, and the average rent at $400, this suggests property owners could potentially earn a 4.52% increase in gross rental yield.
Property investors have seen a 1.1% gain in GWANDALAN 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 4.98% growth over a ten-year period. It ranks 1522nd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $460,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.1% | N/A |
| Median 12 month | -4.56% | N/A |
| Median 3 years | -4.17% | N/A |
| Median 5 years | 22.67% | N/A |
| 10 years average annual | 4.98% | N/A |
| Weekly media advert. rent | $400 | N/A |
| Time on Market | 73.6 days | N/A |
| Gross Rental Yield Percent | 4.52% | N/A |
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