The suburb’s capital gain of -6.98% for the past year is lower than average compared to its 1.28% growth within a five-year period.
Also in CANOWINDRA, the median home price is sitting at $200,000, and the average rent at $260, this suggests property owners could potentially earn a 6.76% increase in gross rental yield.
Property investors have seen a 0% gain in CANOWINDRA 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 3.59% growth over a ten-year period. It ranks 2298th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-6.98%||N/A|
|Median 3 years||8.11%||N/A|
|Median 5 years||1.28%||N/A|
|10 years average annual||3.59%||N/A|
|Weekly media advert. rent||$260||N/A|
|Time on Market||113.3 days||N/A|
|Gross Rental Yield Percent||6.76%||N/A|