‘Great buying opportunities’ for careful investors looking at new-builds
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...
The suburb’s capital gain of 4.38% for the past year is lower than average compared to its 46.49% growth within a five-year period.
Also in GOULBURN, the median home price is sitting at $417,500, and the average rent at $350, this suggests property owners could potentially earn a 4.36% increase in gross rental yield.
Property investors have seen a 0.33% gain in GOULBURN 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 6.8% growth over a ten-year period. It ranks 1053rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $417,500 | $317,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0.33% | -5.22% |
| Median 12 month | 4.38% | -0.78% |
| Median 3 years | 29.26% | 50.47% |
| Median 5 years | 46.49% | 62.82% |
| 10 years average annual | 6.8% | 7.52% |
| Weekly media advert. rent | $350 | $260 |
| Time on Market | 65.6 days | 56.0 days |
| Gross Rental Yield Percent | 4.36% | 4.26% |
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