5 key changes sought to drive WA property market
Politicians are being urged to make real estate a key focus of elections, in a bid to create a fairer and more prosperous market. ...
The suburb’s capital gain of 3.13% for the past year is lower than average compared to its 29.7% growth within a five-year period.
Also in GOULBURN, the median home price is sitting at $428,000, and the average rent at $360, this suggests property owners could potentially earn a 4.37% increase in gross rental yield.
Property investors have seen a 0.71% 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 5.22% growth over a ten-year period. It ranks 1413th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $428,000 | $342,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.71% | -8.06% |
| Median 12 month | 3.13% | 0.88% |
| Median 3 years | 7.27% | 6.88% |
| Median 5 years | 29.7% | 49.34% |
| 10 years average annual | 5.22% | 8.51% |
| Weekly media advert. rent | $360 | $327.5 |
| Time on Market | 83.2 days | 87.0 days |
| Gross Rental Yield Percent | 4.37% | 4.98% |
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