Melbourne Sees Record-breaking Growth Despite Q3 Lockdowns
Low financing costs, change in housing-type preferences due to flexible work arrangements, and government support for ow...
The suburb’s capital gain of 57.32% for the past year is higher than average compared to its 71.31% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
They believe that homeowners and real estate investors betting on MILLFIELD, 2325 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 57.32%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 10.88% growth over a ten-year period. It ranks 3690th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||57.32%||N/A|
|Median 3 years||50.35%||N/A|
|Median 5 years||71.31%||N/A|
|10 years average annual||10.88%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||62.8 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|