Schoolies season sparks warning to home owners
Home owners and property managers are being urged to be cautious as students celebrate their end-of-year school celebrations. ...
The suburb’s capital gain of -8.14% for the past year is lower than average compared to its 36.81% growth within a five-year period.
Also in LITHGOW, the median home price is sitting at $321,500, and the average rent at $320, this suggests property owners could potentially earn a 5.18% increase in gross rental yield.
Property investors have seen a -1.98% drop in LITHGOW based on a decrease 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 5.21% growth over a ten-year period. It ranks 1575th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $321,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.98% | N/A |
| Median 12 month | -8.14% | N/A |
| Median 3 years | 23.18% | N/A |
| Median 5 years | 36.81% | N/A |
| 10 years average annual | 5.21% | N/A |
| Weekly media advert. rent | $320 | N/A |
| Time on Market | 88.6 days | N/A |
| Gross Rental Yield Percent | 5.18% | N/A |
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