4 Things Borrowers Can Do With An Increase In Equity
Thanks to the property boom pushing up property prices Australia-wide, many property owners aren’t necessarily awar...
The suburb’s capital gain of 0.91% for the past year is higher than average compared to its 0% growth within a five-year period.
Also in CALAMVALE, the median home price is sitting at $665,000, and the average rent at $490, this suggests property owners could potentially earn a 3.83% increase in gross rental yield.
Property investors have seen a 2.03% gain in CALAMVALE 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 3.1% growth over a ten-year period. It ranks 2902nd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0.91%||0.86%|
|Median 3 years||0.15%||1.45%|
|Median 5 years||0%||-12.94%|
|10 years average annual||3.1%||-0.49%|
|Weekly media advert. rent||$490||$400|
|Time on Market||46.7 days||50.9 days|
|Gross Rental Yield Percent||3.83%||5.94%|