Schoolies season sparks warning to home owners
Home owners and property managers are being urged to be cautious as students celebrate their end-of-year school celebrations. ...
The suburb’s capital gain of 4.92% for the past year is lower than average compared to its 36.71% growth within a five-year period.
Also in LAKE CATHIE, the median home price is sitting at $581,000, and the average rent at $460, this suggests property owners could potentially earn a 4.12% increase in gross rental yield.
Property investors have seen a 0.22% gain in LAKE CATHIE 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 5.36% growth over a ten-year period. It ranks 1526th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $581,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.22% | N/A |
| Median 12 month | 4.92% | N/A |
| Median 3 years | 19.79% | N/A |
| Median 5 years | 36.71% | N/A |
| 10 years average annual | 5.36% | N/A |
| Weekly media advert. rent | $460 | N/A |
| Time on Market | 116.3 days | N/A |
| Gross Rental Yield Percent | 4.12% | N/A |
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