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1 MIN READ4 Property Market Trends To Expect In 2022
The impacts of COVID-19 are expected to continue to sway the property market in the year ahead, even as the country’s ...
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Seventeen Mile RocksSeventeen Mile Rocks - SUBURB PROFILE REPORT
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The suburb’s capital gain of -4.21% for the past year is lower than average compared to its 1.15% growth within a five-year period.
Also in SEVENTEEN MILE ROCKS, the median home price is sitting at $660,000, and the average rent at $550, this suggests property owners could potentially earn a 4.33% increase in gross rental yield.
Property investors have seen a -2.65% drop in SEVENTEEN MILE ROCKS based on a decrease 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 2.8% growth over a ten-year period. It ranks 3119th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $660,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.65% | N/A |
| Median 12 month | -4.21% | N/A |
| Median 3 years | 5.52% | N/A |
| Median 5 years | 1.15% | N/A |
| 10 years average annual | 2.8% | N/A |
| Weekly media advert. rent | $550 | N/A |
| Time on Market | 25.5 days | N/A |
| Gross Rental Yield Percent | 4.33% | N/A |
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