Online shopping surge breathes new life into mundane commercial property
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
The suburb’s capital gain of -3.22% for the past year is lower than average compared to its 14.88% growth within a five-year period.
Also in ROBERTSON, the median home price is sitting at $976,500, and the average rent at $500, this suggests property owners could potentially earn a 2.66% increase in gross rental yield.
Property investors have seen a 0.67% gain in ROBERTSON 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 3.7% growth over a ten-year period. It ranks 2142nd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $976,500 | $388,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0.67% | 0% |
| Median 12 month | -3.22% | 7.92% |
| Median 3 years | -2.84% | -2.02% |
| Median 5 years | 14.88% | 12.2% |
| 10 years average annual | 3.7% | 2.98% |
| Weekly media advert. rent | $500 | $400 |
| Time on Market | 123.2 days | 0.0 days |
| Gross Rental Yield Percent | 2.66% | 5.35% |
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