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 Price | $360,000 | $274,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.14% | 7.45% |
| 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% |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...