What does 2020 have in store for property investors
Following a year of two halves, 2020 could be a strong one for property investors if they look at the data, an industry expert has suggested...
The suburb’s capital gain of -1.8% for the past year is lower than average compared to its 28.3% growth within a five-year period.
Also in MOUNT HUTTON, the median home price is sitting at $510,640, and the average rent at $450, this suggests property owners could potentially earn a 4.58% increase in gross rental yield.
Property investors have seen a -7.16% drop in MOUNT HUTTON 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 4.53% growth over a ten-year period. It ranks 1829th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $510,640 | $429,750 |
| GROWTH REPORT | ||
| Median Quarterly | -7.16% | 1.72% |
| Median 12 month | -1.8% | -3.43% |
| Median 3 years | 16.58% | -1.26% |
| Median 5 years | 28.3% | 21.74% |
| 10 years average annual | 4.53% | 2.89% |
| Weekly media advert. rent | $450 | $420 |
| Time on Market | 62.3 days | 57.0 days |
| Gross Rental Yield Percent | 4.58% | 5.08% |
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