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 1.53% for the past year is lower than average compared to its 11.71% growth within a five-year period.
Also in CARSELDINE, the median home price is sitting at $646,250, and the average rent at $480, this suggests property owners could potentially earn a 3.86% increase in gross rental yield.
Property investors have seen a 0.58% gain in CARSELDINE 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 1.64% growth over a ten-year period. It ranks 3276th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.53%||7.14%|
|Median 3 years||4.23%||5.63%|
|Median 5 years||11.71%||-3.6%|
|10 years average annual||1.64%||0.32%|
|Weekly media advert. rent||$480||$410|
|Time on Market||43.2 days||71.3 days|
|Gross Rental Yield Percent||3.86%||5.69%|
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