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The suburb’s capital gain of 7.62% for the past year is higher than average compared to its 9.35% growth within a five-year period.
Also in EMERTON, the median home price is sitting at $508,500, and the average rent at $330, this suggests property owners could potentially earn a 3.37% increase in gross rental yield.
Property investors have seen a 1.7% gain in EMERTON 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 8.65% growth over a ten-year period. It ranks 105th on our list of suburbs that property investors should look into.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $508,500 | N/A |
GROWTH REPORT | ||
Median Quarterly | 1.7% | N/A |
Median 12 month | 7.62% | N/A |
Median 3 years | -3.14% | N/A |
Median 5 years | 9.35% | N/A |
10 years average annual | 8.65% | N/A |
Weekly media advert. rent | $330 | N/A |
Time on Market | 46.8 days | N/A |
Gross Rental Yield Percent | 3.37% | N/A |