The suburb’s capital gain of -2.23% for the past year is lower than average compared to its 34.08% growth within a five-year period.
Also in YAMBA, the median home price is sitting at $493,750, and the average rent at $450, this suggests property owners could potentially earn a 4.74% increase in gross rental yield.
Property investors have seen a -1% drop in YAMBA based on a decrease 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 3.53% growth over a ten-year period. It ranks 2331st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-2.23%||11.59%|
|Median 3 years||20.43%||21.07%|
|Median 5 years||34.08%||9.22%|
|10 years average annual||3.53%||1.94%|
|Weekly media advert. rent||$450||$400|
|Time on Market||78.1 days||100.0 days|
|Gross Rental Yield Percent||4.74%||5.4%|