The suburb’s capital gain of 4.84% for the past year is lower than average compared to its 39.78% growth within a five-year period.
Also in MANSFIELD, the median home price is sitting at $650,000, and the average rent at $495, this suggests property owners could potentially earn a 3.96% increase in gross rental yield.
Property investors have seen a 3.17% 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 5.33% growth over a ten-year period. It ranks 1445th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.84%||-14.79%|
|Median 3 years||21.27%||N/A|
|Median 5 years||39.78%||14.29%|
|10 years average annual||5.33%||0.24%|
|Weekly media advert. rent||$495||$392.5|
|Time on Market||29.7 days||88.5 days|
|Gross Rental Yield Percent||3.96%||5.67%|