
4 lessons from 4 commercial property deals
Rethink Investing’s Scott O’Neill looks back at his most recent commercial property deals and pinpoints valuable lessons investors can l...
The suburb’s capital gain of 3.19% for the past year is lower than average compared to its 54.78% growth within a five-year period.
Also in MORTS ESTATE, the median home price is sitting at $356,000, and the average rent at $320, this suggests property owners could potentially earn a 4.67% increase in gross rental yield.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.77% growth over a ten-year period. It ranks 89th on our list of suburbs that property investors should look into.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $356,000 | N/A |
GROWTH REPORT | ||
Median Quarterly | N/A | N/A |
Median 12 month | 3.19% | N/A |
Median 3 years | 28.87% | N/A |
Median 5 years | 54.78% | N/A |
10 years average annual | 8.77% | N/A |
Weekly media advert. rent | $320 | N/A |
Time on Market | 0.0 days | N/A |
Gross Rental Yield Percent | 4.67% | N/A |
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One word: commercial. ...