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The suburb’s capital gain of -19.51% for the past year is lower than average compared to its 29.41% growth within a five-year period.
Also in BINNAWAY, the median home price is sitting at $165,000, and the average rent at N/A, this suggests property owners could potentially earn a N/A increase in gross rental yield.
Property investors have seen a 6.45% gain in BINNAWAY 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 15.1% growth over a ten-year period. It ranks 3790th on our list of suburbs that property investors should look into.