The suburb’s capital gain of 2.65% for the past year is lower than average compared to its 24.39% growth within a five-year period.
Also in TAMBORINE, the median home price is sitting at $581,500, and the average rent at $560, this suggests property owners could potentially earn a 5.01% increase in gross rental yield.
Property investors have seen a 1.13% gain in TAMBORINE 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 2.58% growth over a ten-year period. It ranks 2843rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.65%||N/A|
|Median 3 years||8.69%||N/A|
|Median 5 years||24.39%||N/A|
|10 years average annual||2.58%||N/A|
|Weekly media advert. rent||$560||N/A|
|Time on Market||120.7 days||N/A|
|Gross Rental Yield Percent||5.01%||N/A|