Canberra Now Boasts A 7-figure Median House Price
With double-digit growth and the steepest price acceleration in almost three decades, Canberra continues to dominate the...
The suburb’s capital gain of 9.81% for the past year is higher than average compared to its 32.07% growth within a five-year period.
Also in LAMBTON, the median home price is sitting at $733,000, and the average rent at $465, this suggests property owners could potentially earn a 3.3% increase in gross rental yield.
Property investors have seen a 0% gain in LAMBTON 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 5.59% growth over a ten-year period. It ranks 1121st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.81%||-0.18%|
|Median 3 years||14.53%||-0.82%|
|Median 5 years||32.07%||26.23%|
|10 years average annual||5.59%||5.39%|
|Weekly media advert. rent||$465||$400|
|Time on Market||45.4 days||79.3 days|
|Gross Rental Yield Percent||3.3%||4.28%|