The suburb’s capital gain of 0% for the past year is lower than average compared to its 20% growth within a five-year period.
Also in PITTSWORTH, the median home price is sitting at $300,000, and the average rent at $280, this suggests property owners could potentially earn a 4.85% increase in gross rental yield.
Property investors have seen a 2.39% gain in PITTSWORTH 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 3.74% growth over a ten-year period. It ranks 2242nd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0%||N/A|
|Median 3 years||6.19%||N/A|
|Median 5 years||20%||N/A|
|10 years average annual||3.74%||N/A|
|Weekly media advert. rent||$280||N/A|
|Time on Market||89.2 days||N/A|
|Gross Rental Yield Percent||4.85%||N/A|