The suburb’s capital gain of 8.86% for the past year is higher than average compared to its 23.9% growth within a five-year period.
Also in SEVENTEEN MILE ROCKS, the median home price is sitting at $762,000, and the average rent at $615, this suggests property owners could potentially earn a 4.2% increase in gross rental yield.
Property investors have seen a 6.57% gain in SEVENTEEN MILE ROCKS 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 5.23% growth over a ten-year period. It ranks 1476th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.86%||N/A|
|Median 3 years||19.62%||N/A|
|Median 5 years||23.9%||N/A|
|10 years average annual||5.23%||N/A|
|Weekly media advert. rent||$615||N/A|
|Time on Market||51.8 days||N/A|
|Gross Rental Yield Percent||4.2%||N/A|