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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 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%|