The suburb’s capital gain of 3.9% for the past year is lower than average compared to its 31.39% 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 -0.83% 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 4.63% growth over a ten-year period. It ranks 1732nd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.9%||5.36%|
|Median 3 years||14.29%||-4.7%|
|Median 5 years||31.39%||61.76%|
|10 years average annual||4.63%||6.85%|
|Weekly media advert. rent||$330||$260|
|Time on Market||92.6 days||97.1 days|
|Gross Rental Yield Percent||4.77%||4.92%|