The suburb’s capital gain of 2.7% for the past year is lower than average compared to its 25% growth within a five-year period.
Also in TAMBORINE, the median home price is sitting at $570,000, and the average rent at $530, this suggests property owners could potentially earn a 4.84% increase in gross rental yield.
Property investors have seen a -2.98% drop in TAMBORINE 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 3.33% growth over a ten-year period. It ranks 2465th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.7%||N/A|
|Median 3 years||10.14%||N/A|
|Median 5 years||25%||N/A|
|10 years average annual||3.33%||N/A|
|Weekly media advert. rent||$530||N/A|
|Time on Market||116.6 days||N/A|
|Gross Rental Yield Percent||4.84%||N/A|