Property to regain momentum following health crisis
Strong property price growth before the outbreak of COVID-19 gives investors a snapshot of what market conditions will be like once the pand...
The suburb’s capital gain of 1.92% for the past year is lower than average compared to its 10.26% growth within a five-year period.
Also in WARNER, the median home price is sitting at $530,000, and the average rent at $450, this suggests property owners could potentially earn a 4.42% increase in gross rental yield.
Property investors have seen a 0.28% gain in WARNER 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 1.57% growth over a ten-year period. It ranks 3229th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.92%||-9.57%|
|Median 3 years||5.37%||-30.48%|
|Median 5 years||10.26%||-28.18%|
|10 years average annual||1.57%||-2.54%|
|Weekly media advert. rent||$450||$340|
|Time on Market||68.7 days||77.4 days|
|Gross Rental Yield Percent||4.42%||6.8%|
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