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 Price | $850,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.58% | N/A |
| 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 |
If Apra think they are going to lower...
Hopefully this will increase the value...
Great post! I must appreciate that you...