Unit rentals break 15-year record
Unit rental yields have had their biggest drop in more than 15 years, with COVID-19 seeing landlords reduce rates, according to latest resea...
The suburb’s capital gain of 0% for the past year is higher than average compared to its -7.67% growth within a five-year period.
Also in ST GEORGE, the median home price is sitting at $265,000, and the average rent at $280, this suggests property owners could potentially earn a 5.49% increase in gross rental yield.
Property investors have seen a 0% gain in ST GEORGE 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 4.67% growth over a ten-year period. It ranks 1728th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $265,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 0% | N/A |
| Median 3 years | 2.51% | N/A |
| Median 5 years | -7.67% | N/A |
| 10 years average annual | 4.67% | N/A |
| Weekly media advert. rent | $280 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 5.49% | N/A |
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