The suburb’s capital gain of 9.54% for the past year is higher than average compared to its 31.91% growth within a five-year period.
Also in BLACKSMITHS, the median home price is sitting at $620,000, and the average rent at $400, this suggests property owners could potentially earn a 3.35% increase in gross rental yield.
Property investors have seen a 12.73% gain in BLACKSMITHS 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 6.58% growth over a ten-year period. It ranks 1023rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.54%||N/A|
|Median 3 years||34.78%||N/A|
|Median 5 years||31.91%||N/A|
|10 years average annual||6.58%||N/A|
|Weekly media advert. rent||$400||N/A|
|Time on Market||56.0 days||N/A|
|Gross Rental Yield Percent||3.35%||N/A|