How Much Of The Housing Market Can You Afford?
Aussies can no longer rely on their incomes and savings alone to fund a property purchase, as prices soar and incomes st...
The suburb’s capital gain of 5.66% for the past year is higher than average compared to its 21.87% growth within a five-year period.
Also in TANILBA BAY, the median home price is sitting at $457,000, and the average rent at $400, this suggests property owners could potentially earn a 4.55% increase in gross rental yield.
Property investors have seen a 0.22% gain in TANILBA BAY 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 5.23% growth over a ten-year period. It ranks 1508th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.66%||N/A|
|Median 3 years||4.1%||N/A|
|Median 5 years||21.87%||N/A|
|10 years average annual||5.23%||N/A|
|Weekly media advert. rent||$400||N/A|
|Time on Market||76.9 days||N/A|
|Gross Rental Yield Percent||4.55%||N/A|