Australian home sizes at 22-year low
New data from the ABS has highlighted the decline of the average new-home size, which is at its smallest level since 1996. ...
The suburb’s capital gain of 3.08% for the past year is lower than average compared to its 37.37% growth within a five-year period.
Also in CHAMBERS FLAT, the median home price is sitting at $652,500, and the average rent at $600, this suggests property owners could potentially earn a 4.78% increase in gross rental yield.
Property investors have seen a -5.64% drop in CHAMBERS FLAT 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 2.5% growth over a ten-year period. It ranks 2674th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $652,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -5.64% | N/A |
| Median 12 month | 3.08% | N/A |
| Median 3 years | 24.64% | N/A |
| Median 5 years | 37.37% | N/A |
| 10 years average annual | 2.5% | N/A |
| Weekly media advert. rent | $600 | N/A |
| Time on Market | 75.9 days | N/A |
| Gross Rental Yield Percent | 4.78% | N/A |
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