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MuirheadMuirhead - SUBURB PROFILE REPORT
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Property investors have seen a 7.04% gain in MUIRHEAD based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MUIRHEAD, 810 saw average growth in the long term.
The NT suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $669,000
Profits averaged 2.93% per annum over a 3-year period, due to an upward trend in home prices in MUIRHEAD, 810.
This means, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.
The gross rental yield in MUIRHEAD, 810 is 4.66%.
An average of 2.67 real estate transactions take place per month in MUIRHEAD which translates to 32 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $669,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 7.04% | N/A |
| Median 12 month | 8.78% | N/A |
| Median 3 years | 8.78% | N/A |
| Median 5 years | -12.26% | N/A |
| 10 years average annual | -1.98% | N/A |
| Weekly media advert. rent | $600 | N/A |
| Time on Market | 69.4 days | N/A |
| Gross Rental Yield Percent | 4.66% | N/A |
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