‘It’s a terrific time to be investing in commercial property’: Ray White
Ray White Commercial’s head of agency operations, Andrew Freeman, has shared how the commercial market is playing out for keen investors. ...
Based on its average 5-year and quarterly capital gains MOUNT AUSTIN, 2650 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that MOUNT AUSTIN, 2650 obtained a 2.01% growth over a ten-year period. It ranks 2884th on our list of suburbs that property investors should look into.
MOUNT AUSTIN, 2650 in NSW belongs to the local government area of Wagga Wagga (C).
MOUNT AUSTIN, 2650 has a capital gain of 5.81% for the past year, which is higher than average compared to its 17.24% growth within a five-year period.
With the median home price in MOUNT AUSTIN sitting at $255,000, and the average rent at $295, property owners could potentially earn a 6.02% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MOUNT AUSTIN are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $255,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.41% | N/A |
| Median 12 month | 5.81% | N/A |
| Median 3 years | 9.91% | N/A |
| Median 5 years | 17.24% | N/A |
| 10 years average annual | 2.01% | N/A |
| Weekly media advert. rent | $295 | N/A |
| Time on Market | 97.8 days | N/A |
| Gross Rental Yield Percent | 6.02% | N/A |
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