The suburb’s capital gain of 5.53% for the past year is lower than average compared to its 98.4% growth within a five-year period.
Also in EMERTON, the median home price is sitting at $496,000, and the average rent at $360, this suggests property owners could potentially earn a 3.77% increase in gross rental yield.
Property investors have seen a 2.17% 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 9.57% growth over a ten-year period. It ranks 90th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.53%||N/A|
|Median 3 years||48.84%||N/A|
|Median 5 years||98.4%||N/A|
|10 years average annual||9.57%||N/A|
|Weekly media advert. rent||$360||N/A|
|Time on Market||55.5 days||N/A|
|Gross Rental Yield Percent||3.77%||N/A|