
House Prices To Add Another 20% If Banks Don't Slam The Brakes
Chatter about the possible introduction of macro prudential controls to slow house price growth is increasing, while rep...
The suburb’s capital gain of -1.77% for the past year is lower than average compared to its 4% growth within a five-year period.
Also in CALAMVALE, the median home price is sitting at $636,500, and the average rent at $470, this suggests property owners could potentially earn a 3.84% increase in gross rental yield.
Property investors have seen a -3.41% drop in CALAMVALE 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 2.17% growth over a ten-year period. It ranks 2927th on our list of suburbs that property investors should look into.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $636,500 | $355,000 |
GROWTH REPORT | ||
Median Quarterly | -3.41% | 2.31% |
Median 12 month | -1.77% | 5.65% |
Median 3 years | -5.7% | -5.33% |
Median 5 years | 4% | -10.1% |
10 years average annual | 2.17% | -0.11% |
Weekly media advert. rent | $470 | $400 |
Time on Market | 59.1 days | 95.7 days |
Gross Rental Yield Percent | 3.84% | 5.86% |