Vacancy rates hold steady
Vacancy rates have come to a standstill in some areas, remaining at 2.2 per cent nationwide. ...
The suburb’s capital gain of 3.27% for the past year is lower than average compared to its 39.87% growth within a five-year period.
Also in YAMBA, the median home price is sitting at $552,500, and the average rent at $495, this suggests property owners could potentially earn a 4.66% increase in gross rental yield.
Property investors have seen a 3.27% gain in YAMBA 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 4.66% growth over a ten-year period. It ranks 1731st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $552,500 | $428,750 |
| GROWTH REPORT | ||
| Median Quarterly | 3.27% | 2.08% |
| Median 12 month | 3.27% | 2.69% |
| Median 3 years | 10.5% | 20.44% |
| Median 5 years | 39.87% | 44.36% |
| 10 years average annual | 4.66% | 3.22% |
| Weekly media advert. rent | $495 | $400 |
| Time on Market | 82.7 days | 100.6 days |
| Gross Rental Yield Percent | 4.66% | 4.85% |
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