The suburb’s capital gain of 0.77% for the past year is lower than average compared to its 38.82% growth within a five-year period.
Also in PELAW MAIN, the median home price is sitting at $329,000, and the average rent at $330, this suggests property owners could potentially earn a 5.22% increase in gross rental yield.
Property investors have seen a 0.61% gain in PELAW MAIN 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 6.04% growth over a ten-year period. It ranks 1257th on our list of suburbs that property investors should look into.