New bank hits the market, set to offer home loans
One lender has been granted a full banking licence in Australia, and is eyeing the home loan market. ...
The suburb’s capital gain of -1.15% for the past year is lower than average compared to its 42.15% growth within a five-year period.
Also in GLEN ALPINE, the median home price is sitting at $860,000, and the average rent at $565, this suggests property owners could potentially earn a 3.42% increase in gross rental yield.
Property investors have seen a -2.05% drop in GLEN ALPINE 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 6.11% growth over a ten-year period. It ranks 1335th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $860,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.05% | N/A |
| Median 12 month | -1.15% | N/A |
| Median 3 years | 14.67% | N/A |
| Median 5 years | 42.15% | N/A |
| 10 years average annual | 6.11% | N/A |
| Weekly media advert. rent | $565 | N/A |
| Time on Market | 68.1 days | N/A |
| Gross Rental Yield Percent | 3.42% | N/A |
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