The suburb’s capital gain of 2.13% for the past year is higher than average compared to its 7.87% growth within a five-year period.
Also in KARABAR, the median home price is sitting at $480,000, and the average rent at $430, this suggests property owners could potentially earn a 4.66% increase in gross rental yield.
Property investors have seen a 0% gain in KARABAR 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 3.38% growth over a ten-year period. It ranks 2437th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.13%||4.17%|
|Median 3 years||8.11%||10.62%|
|Median 5 years||7.87%||6.99%|
|10 years average annual||3.38%||3.79%|
|Weekly media advert. rent||$430||$325|
|Time on Market||75.4 days||76.9 days|
|Gross Rental Yield Percent||4.66%||4.51%|