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 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%|