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The suburb’s capital gain of -3.5% for the past year is lower than average compared to its -0.24% growth within a five-year period.
Also in SUNNYBANK HILLS, the median home price is sitting at $635,000, and the average rent at $445, this suggests property owners could potentially earn a 3.64% increase in gross rental yield.
Property investors have seen a -0.78% drop in SUNNYBANK HILLS 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 2.59% growth over a ten-year period. It ranks 2810th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-3.5%||3.53%|
|Median 3 years||-8.63%||-15.19%|
|Median 5 years||-0.24%||-0.72%|
|10 years average annual||2.59%||-0.33%|
|Weekly media advert. rent||$445||$400|
|Time on Market||58.5 days||54.1 days|
|Gross Rental Yield Percent||3.64%||6.06%|