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The suburb’s capital gain of 3.51% for the past year is higher than average compared to its 15.02% growth within a five-year period.
Also in DUBBO, the median home price is sitting at $383,000, and the average rent at $350, this suggests property owners could potentially earn a 4.75% increase in gross rental yield.
Property investors have seen a 0.79% gain in DUBBO 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 3.9% growth over a ten-year period. It ranks 2153rd on our list of suburbs that property investors should look into.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $383,000 | $270,000 |
GROWTH REPORT | ||
Median Quarterly | 0.79% | -4.76% |
Median 12 month | 3.51% | 3.85% |
Median 3 years | 7.74% | -1.82% |
Median 5 years | 15.02% | 6.45% |
10 years average annual | 3.9% | 5.1% |
Weekly media advert. rent | $350 | $265 |
Time on Market | 77.5 days | 84.4 days |
Gross Rental Yield Percent | 4.75% | 5.1% |