Government urged to provide stimulus for building sector
As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...
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The suburb’s capital gain of -6.2% for the past year is lower than average compared to its 34.96% growth within a five-year period.
Also in WATANOBBI, the median home price is sitting at $469,000, and the average rent at $400, this suggests property owners could potentially earn a 4.43% increase in gross rental yield.
Property investors have seen a 0.42% gain in WATANOBBI 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 5.84% growth over a ten-year period. It ranks 1262nd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $469,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.42% | N/A |
| Median 12 month | -6.2% | N/A |
| Median 3 years | 3.08% | N/A |
| Median 5 years | 34.96% | N/A |
| 10 years average annual | 5.84% | N/A |
| Weekly media advert. rent | $400 | N/A |
| Time on Market | 74.2 days | N/A |
| Gross Rental Yield Percent | 4.43% | N/A |
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