REIA backs HomeBuilder package
The Real Estate Institute of Australia has thrown its support behind the federal government’s new housing stimulus package. ...
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The suburb’s capital gain of -3.51% for the past year is lower than average compared to its 24.06% growth within a five-year period.
Also in GLEN ALPINE, the median home price is sitting at $825,000, and the average rent at $590, this suggests property owners could potentially earn a 3.72% increase in gross rental yield.
Property investors have seen a -0.9% 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 5.08% growth over a ten-year period. It ranks 1578th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $825,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.9% | N/A |
| Median 12 month | -3.51% | N/A |
| Median 3 years | -1.79% | N/A |
| Median 5 years | 24.06% | N/A |
| 10 years average annual | 5.08% | N/A |
| Weekly media advert. rent | $590 | N/A |
| Time on Market | 94.2 days | N/A |
| Gross Rental Yield Percent | 3.72% | N/A |
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