The suburb’s capital gain of -0.58% for the past year is lower than average compared to its 50% growth within a five-year period.
Also in TANILBA BAY, the median home price is sitting at $427,500, and the average rent at $392.5, this suggests property owners could potentially earn a 4.77% increase in gross rental yield.
Property investors have seen a -1.72% drop in TANILBA BAY 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 5.25% growth over a ten-year period. It ranks 1455th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-0.58%||N/A|
|Median 3 years||27.61%||N/A|
|Median 5 years||50%||N/A|
|10 years average annual||5.25%||N/A|
|Weekly media advert. rent||$392.5||N/A|
|Time on Market||93.9 days||N/A|
|Gross Rental Yield Percent||4.77%||N/A|