Investors cautioned as property developers on the ‘hit list’
Property investors who are getting creative with developments and their self-managed superannuation funds should be wary that the regulator...
The suburb’s capital gain of 1.74% for the past year is lower than average compared to its 53.01% growth within a five-year period.
Also in WILBERFORCE, the median home price is sitting at $877,500, and the average rent at $485, this suggests property owners could potentially earn a 2.87% increase in gross rental yield.
Property investors have seen a 10.03% gain in WILBERFORCE 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 8.17% growth over a ten-year period. It ranks 427th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $877,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 10.03% | N/A |
| Median 12 month | 1.74% | N/A |
| Median 3 years | 21.03% | N/A |
| Median 5 years | 53.01% | N/A |
| 10 years average annual | 8.17% | N/A |
| Weekly media advert. rent | $485 | N/A |
| Time on Market | 79.5 days | N/A |
| Gross Rental Yield Percent | 2.87% | N/A |
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