What does 2020 have in store for property investors
Following a year of two halves, 2020 could be a strong one for property investors if they look at the data, an industry expert has suggested...
The suburb’s capital gain of -12.5% for the past year is lower than average compared to its 4.93% growth within a five-year period.
Also in HELIDON, the median home price is sitting at $245,000, and the average rent at $340, this suggests property owners could potentially earn a 7.22% increase in gross rental yield.
Property investors have seen a 11.36% gain in HELIDON 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 -1.9% decrease over a ten-year period. It ranks 3948th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $245,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 11.36% | N/A |
| Median 12 month | -12.5% | N/A |
| Median 3 years | -5.77% | N/A |
| Median 5 years | 4.93% | N/A |
| 10 years average annual | -1.9% | N/A |
| Weekly media advert. rent | $340 | N/A |
| Time on Market | 86.7 days | N/A |
| Gross Rental Yield Percent | 7.22% | N/A |
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