New bank hits the market, set to offer home loans
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The suburb’s capital gain of 8.56% for the past year is lower than average compared to its 69.17% growth within a five-year period.
Also in BOWRAL, the median home price is sitting at $1,015,000, and the average rent at $595, this suggests property owners could potentially earn a 3.05% increase in gross rental yield.
Property investors have seen a -1.93% drop in BOWRAL 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 8.43% growth over a ten-year period. It ranks 317th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,015,000 | $745,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.93% | 0% |
| Median 12 month | 8.56% | -1% |
| Median 3 years | 35.33% | 26.27% |
| Median 5 years | 69.17% | 59.44% |
| 10 years average annual | 8.43% | 6.83% |
| Weekly media advert. rent | $595 | $477.5 |
| Time on Market | 82.1 days | 90.9 days |
| Gross Rental Yield Percent | 3.05% | 3.33% |
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