The suburb’s capital gain of 5.52% for the past year is lower than average compared to its 39.68% growth within a five-year period.
Also in MANSFIELD, the median home price is sitting at $660,000, and the average rent at $495, this suggests property owners could potentially earn a 3.9% increase in gross rental yield.
Property investors have seen a 1.54% 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 5.35% growth over a ten-year period. It ranks 1438th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.52%||-13.05%|
|Median 3 years||20.55%||-20.15%|
|Median 5 years||39.68%||8.36%|
|10 years average annual||5.35%||1.61%|
|Weekly media advert. rent||$495||$395|
|Time on Market||28.8 days||97.4 days|
|Gross Rental Yield Percent||3.9%||5.66%|