Summer Off To A Sizzling Start For Auctions
Last week’s all-time auction activity record may stick around, but it’s still set to be a massive weekend for auctio...
The suburb’s capital gain of 9.66% for the past year is higher than average compared to its 26.49% growth within a five-year period.
Also in MANSFIELD, the median home price is sitting at $795,000, and the average rent at $500, this suggests property owners could potentially earn a 3.27% increase in gross rental yield.
Property investors have seen a 6.35% gain in MANSFIELD 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 4.73% growth over a ten-year period. It ranks 2191st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.66%||-1.11%|
|Median 3 years||17.78%||N/A|
|Median 5 years||26.49%||-1.11%|
|10 years average annual||4.73%||4.14%|
|Weekly media advert. rent||$500||$405|
|Time on Market||28.5 days||0.0 days|
|Gross Rental Yield Percent||3.27%||4.73%|