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Many businesses over the next few months will be forced to shut their doors to slow the spread of COVID-19. The important thing for landlord...
The suburb’s capital gain of -4.08% for the past year is lower than average compared to its 3.45% growth within a five-year period.
Also in SEVENTEEN MILE ROCKS, the median home price is sitting at $600,000, and the average rent at $495, this suggests property owners could potentially earn a 4.29% increase in gross rental yield.
Property investors have seen a -4.76% 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 2.97% growth over a ten-year period. It ranks 2449th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $600,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -4.76% | N/A |
| Median 12 month | -4.08% | N/A |
| Median 3 years | -16.08% | N/A |
| Median 5 years | 3.45% | N/A |
| 10 years average annual | 2.97% | N/A |
| Weekly media advert. rent | $495 | N/A |
| Time on Market | 65.7 days | N/A |
| Gross Rental Yield Percent | 4.29% | N/A |
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