Is The Energy Squeeze Impacting Home Prices?
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The suburb’s capital gain of 7.05% for the past year is higher than average compared to its 24.77% growth within a five-year period.
Also in LOGAN RESERVE, the median home price is sitting at $471,000, and the average rent at $422.5, this suggests property owners could potentially earn a 4.66% increase in gross rental yield.
Property investors have seen a 4.67% gain in LOGAN RESERVE 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 3.96% growth over a ten-year period. It ranks 2773rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.05%||N/A|
|Median 3 years||10.56%||N/A|
|Median 5 years||24.77%||N/A|
|10 years average annual||3.96%||N/A|
|Weekly media advert. rent||$422.5||N/A|
|Time on Market||45.6 days||N/A|
|Gross Rental Yield Percent||4.66%||N/A|