Online shopping surge breathes new life into mundane commercial property
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
Also in WALLABI POINT, the median home price is sitting at $650,000, and the average rent at $460, this suggests property owners could potentially earn a 3.68% increase in gross rental yield.
Property investors have seen a 1.72% gain in WALLABI POINT 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 8.26% growth over a ten-year period. It ranks 146th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $650,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.72% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 19.27% | N/A |
| Median 5 years | 38.3% | N/A |
| 10 years average annual | 8.26% | N/A |
| Weekly media advert. rent | $460 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 3.68% | N/A |
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