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 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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