New Government Should Change The Conversation About Investing: PIPA
The Property Investment Professionals of Australia (PIPA) has issued a firm call to the new government: prioritise the r...
The suburb’s capital gain of 9.43% for the past year is higher than average compared to its 24.06% growth within a five-year period.
Also in NARROMINE, the median home price is sitting at $290,000, and the average rent at $340, this suggests property owners could potentially earn a 6.1% increase in gross rental yield.
Property investors have seen a 4.5% gain in NARROMINE 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 5.01% growth over a ten-year period. It ranks 2326th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.43%||N/A|
|Median 3 years||24.73%||N/A|
|Median 5 years||24.06%||N/A|
|10 years average annual||5.01%||N/A|
|Weekly media advert. rent||$340||N/A|
|Time on Market||64.6 days||N/A|
|Gross Rental Yield Percent||6.1%||N/A|