The suburb’s capital gain of 5.59% for the past year is lower than average compared to its 51.79% growth within a five-year period.
Also in GLEN ALPINE, the median home price is sitting at $850,000, and the average rent at $565, this suggests property owners could potentially earn a 3.46% increase in gross rental yield.
Property investors have seen a -0.58% 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 6.01% growth over a ten-year period. It ranks 1200th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.59%||N/A|
|Median 3 years||37.1%||N/A|
|Median 5 years||51.79%||N/A|
|10 years average annual||6.01%||N/A|
|Weekly media advert. rent||$565||N/A|
|Time on Market||62.0 days||N/A|
|Gross Rental Yield Percent||3.46%||N/A|