The biggest mistakes first-time investors can make
No matter if you are a first-time investor or a veteran in the market, there are some aspects of investing that are universal to all. Thatâ€...
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The suburb’s capital gain of 4.79% for the past year is lower than average compared to its 26.1% growth within a five-year period.
Also in DUBBO, the median home price is sitting at $372,000, and the average rent at $350, this suggests property owners could potentially earn a 4.89% increase in gross rental yield.
Property investors have seen a 1.92% 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 5.2% growth over a ten-year period. It ranks 1614th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $372,000 | $278,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.92% | 1.09% |
| Median 12 month | 4.79% | 3.93% |
| Median 3 years | 11.39% | 10.69% |
| Median 5 years | 26.1% | 29.3% |
| 10 years average annual | 5.2% | 5.13% |
| Weekly media advert. rent | $350 | $240 |
| Time on Market | 76.2 days | 74.7 days |
| Gross Rental Yield Percent | 4.89% | 4.49% |
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