‘Stable’ population growth to bolster building activity
Consistent population growth is set to support building activity going forward, according to an industry economist. ...
The suburb’s capital gain of -10.65% for the past year is lower than average compared to its -2.73% growth within a five-year period.
Also in HELIDON, the median home price is sitting at $267,500, and the average rent at $335, this suggests property owners could potentially earn a 6.51% increase in gross rental yield.
Property investors have seen a -4.46% drop in HELIDON 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 4.74% growth over a ten-year period. It ranks 1777th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $267,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -4.46% | N/A |
| Median 12 month | -10.65% | N/A |
| Median 3 years | 3.28% | N/A |
| Median 5 years | -2.73% | N/A |
| 10 years average annual | 4.74% | N/A |
| Weekly media advert. rent | $335 | N/A |
| Time on Market | 95.3 days | N/A |
| Gross Rental Yield Percent | 6.51% | N/A |
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