Online shopping surge breathes new life into mundane commercial property
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
The suburb’s capital gain of 2.7% for the past year is lower than average compared to its 15.15% growth within a five-year period.
Also in DUBBO, the median home price is sitting at $380,000, and the average rent at $350, this suggests property owners could potentially earn a 4.79% increase in gross rental yield.
Property investors have seen a 0% 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 3.71% growth over a ten-year period. It ranks 2140th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $380,000 | $283,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -0.53% |
| Median 12 month | 2.7% | 9.04% |
| Median 3 years | 5.56% | 0.53% |
| Median 5 years | 15.15% | 15.71% |
| 10 years average annual | 3.71% | 5.67% |
| Weekly media advert. rent | $350 | $275 |
| Time on Market | 82.3 days | 79.3 days |
| Gross Rental Yield Percent | 4.79% | 5.04% |
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