4 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 ...
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 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|