The suburb’s capital gain of 4.35% for the past year is lower than average compared to its 30.91% growth within a five-year period.
Also in DUBBO, the median home price is sitting at $360,000, and the average rent at $330, this suggests property owners could potentially earn a 4.77% increase in gross rental yield.
Property investors have seen a -0.14% drop in DUBBO 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 4.61% growth over a ten-year period. It ranks 1778th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.35%||4.98%|
|Median 3 years||18.03%||2.38%|
|Median 5 years||30.91%||38.38%|
|10 years average annual||4.61%||6.39%|
|Weekly media advert. rent||$330||$260|
|Time on Market||91.5 days||97.8 days|
|Gross Rental Yield Percent||4.77%||4.93%|