The suburb’s capital gain of 3.85% for the past year is lower than average compared to its 43.23% growth within a five-year period.
Also in SUNNYBANK HILLS, the median home price is sitting at $687,500, and the average rent at $430, this suggests property owners could potentially earn a 3.25% increase in gross rental yield.
Property investors have seen a 2.92% gain in SUNNYBANK HILLS 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 5.7% growth over a ten-year period. It ranks 1293rd on our list of suburbs that property investors should look into.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $687,500 | $401,750 |
GROWTH REPORT | ||
Median Quarterly | 2.92% | 5.45% |
Median 12 month | 3.85% | 6.56% |
Median 3 years | 18.53% | 11.13% |
Median 5 years | 43.23% | 13.81% |
10 years average annual | 5.7% | 3.42% |
Weekly media advert. rent | $430 | $395 |
Time on Market | 67.3 days | 58.7 days |
Gross Rental Yield Percent | 3.25% | 5.11% |
Based on what is coming out of the Royal...
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