PROPERTY SHOWCASE: How To Be The Boss Of Your Own Property Investment Journey
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The suburb’s capital gain of 5.88% for the past year is higher than average compared to its 0% growth within a five-year period.
Also in CLIFTON, the median home price is sitting at $225,000, and the average rent at $260, this suggests property owners could potentially earn a 6.01% increase in gross rental yield.
Property investors have seen a -5.26% drop in CLIFTON 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 2.86% growth over a ten-year period. It ranks 3090th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.88%||N/A|
|Median 3 years||-5.26%||N/A|
|Median 5 years||0%||N/A|
|10 years average annual||2.86%||N/A|
|Weekly media advert. rent||$260||N/A|
|Time on Market||83.6 days||N/A|
|Gross Rental Yield Percent||6.01%||N/A|