‘Wealth taxes’ in property prompt lobbying for new minister
A minister for property who cracks down on excessive and cumbersome “wealth” taxes should be considered by the federal government, acco...
Based on its average 5-year and quarterly capital gains EVANS HEAD, 2473 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that EVANS HEAD, 2473 obtained a 3.66% growth over a ten-year period. It ranks 2070th on our list of suburbs that property investors should look into.
EVANS HEAD, 2473 in NSW belongs to the local government area of Richmond Valley.
EVANS HEAD, 2473 has a capital gain of 22.93% for the past year, which is higher than average compared to its 46.51% growth within a five-year period.
With the median home price in EVANS HEAD sitting at $630,000, and the average rent at $500, property owners could potentially earn a 4.13% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in EVANS HEAD are low, as opposed to average gains per annum over the past five years.
A 22.93% increase in median property prices in EVANS HEAD, 2473 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 84th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $630,000 | $370,000 |
| GROWTH REPORT | ||
| Median Quarterly | 7.69% | 7.87% |
| Median 12 month | 22.93% | 23.33% |
| Median 3 years | 41.57% | 10.45% |
| Median 5 years | 46.51% | 17.46% |
| 10 years average annual | 3.66% | 2.22% |
| Weekly media advert. rent | $500 | $350 |
| Time on Market | 120.2 days | 61.1 days |
| Gross Rental Yield Percent | 4.13% | 4.92% |
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