The suburb’s capital gain of -3.89% for the past year is lower than average compared to its 35.03% growth within a five-year period.
Also in BLACKSMITHS, the median home price is sitting at $543,500, and the average rent at $400, this suggests property owners could potentially earn a 3.83% increase in gross rental yield.
Property investors have seen a -1.18% drop in BLACKSMITHS based on a decrease 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 5.62% growth over a ten-year period. It ranks 1341st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-3.89%||N/A|
|Median 3 years||29.4%||N/A|
|Median 5 years||35.03%||N/A|
|10 years average annual||5.62%||N/A|
|Weekly media advert. rent||$400||N/A|
|Time on Market||62.7 days||N/A|
|Gross Rental Yield Percent||3.83%||N/A|