Investors not ‘playing’ the game could miss out big
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The suburb’s capital gain of 0.28% for the past year is lower than average compared to its 1.69% growth within a five-year period.
Also in ROSENTHAL HEIGHTS, the median home price is sitting at $361,000, and the average rent at $330, this suggests property owners could potentially earn a 4.75% increase in gross rental yield.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.32% growth over a ten-year period. It ranks 2773rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $361,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 0.28% | N/A |
| Median 3 years | 15.52% | N/A |
| Median 5 years | 1.69% | N/A |
| 10 years average annual | 2.32% | N/A |
| Weekly media advert. rent | $330 | N/A |
| Time on Market | 131.6 days | N/A |
| Gross Rental Yield Percent | 4.75% | N/A |
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