The suburb’s capital gain of 3.61% for the past year is lower than average compared to its 50.88% growth within a five-year period.
Also in GLEN ALPINE, the median home price is sitting at $860,000, and the average rent at $580, this suggests property owners could potentially earn a 3.51% increase in gross rental yield.
Property investors have seen a 0% gain in GLEN ALPINE based on an increase 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 6.41% growth over a ten-year period. It ranks 1075th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.61%||N/A|
|Median 3 years||36.51%||N/A|
|Median 5 years||50.88%||N/A|
|10 years average annual||6.41%||N/A|
|Weekly media advert. rent||$580||N/A|
|Time on Market||55.2 days||N/A|
|Gross Rental Yield Percent||3.51%||N/A|