Property market update: Perth, September 2019
Experts believe that, while other major capital series are on their way to recovery, Perth is just “at the right stage of the property cyc...
Based on its average 5-year and quarterly capital gains GAYTHORNE, 4051 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that GAYTHORNE, 4051 obtained a 1.35% growth over a ten-year period. It ranks 3516th on our list of suburbs that property investors should look into.
GAYTHORNE, 4051 in QLD belongs to the local government area of Brisbane (C).
GAYTHORNE, 4051 has a capital gain of 3.17% for the past year, which is higher than average compared to its 14.91% growth within a five-year period.
With the median home price in GAYTHORNE sitting at $643,500, and the average rent at $460, property owners could potentially earn a 3.72% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in GAYTHORNE are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $643,500 | $376,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1% | 2.59% |
| Median 12 month | 3.17% | -2.34% |
| Median 3 years | 0.23% | -14.84% |
| Median 5 years | 14.91% | -8.29% |
| 10 years average annual | 1.35% | 0.64% |
| Weekly media advert. rent | $460 | $365 |
| Time on Market | 43.4 days | 61.0 days |
| Gross Rental Yield Percent | 3.72% | 5.05% |
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