House Prices A ‘time Bomb’ Ready To Erupt In The Absence Of Immediate Intervention
Australia’s housing system is not working for the economy and an immediate overhaul is needed, a new report has allege...
The suburb’s capital gain of 6.61% for the past year is higher than average compared to its 25.68% growth within a five-year period.
Also in COORANBONG, the median home price is sitting at $597,000, and the average rent at $452.5, this suggests property owners could potentially earn a 3.94% increase in gross rental yield.
Property investors have seen a 3.92% gain in COORANBONG 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 5.5% growth over a ten-year period. It ranks 1500th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.61%||N/A|
|Median 3 years||5.66%||N/A|
|Median 5 years||25.68%||N/A|
|10 years average annual||5.5%||N/A|
|Weekly media advert. rent||$452.5||N/A|
|Time on Market||71.2 days||N/A|
|Gross Rental Yield Percent||3.94%||N/A|