The suburb’s capital gain of 8.14% for the past year is higher than average compared to its 23.51% growth within a five-year period.
Also in WEST HAVEN, the median home price is sitting at $465,000, and the average rent at $400, this suggests property owners could potentially earn a 4.47% increase in gross rental yield.
Property investors have seen a 6.9% gain in WEST HAVEN 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 4.42% growth over a ten-year period. It ranks 1830th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.14%||N/A|
|Median 3 years||15.67%||N/A|
|Median 5 years||23.51%||N/A|
|10 years average annual||4.42%||N/A|
|Weekly media advert. rent||$400||N/A|
|Time on Market||57.9 days||N/A|
|Gross Rental Yield Percent||4.47%||N/A|