The suburb’s capital gain of 0.17% for the past year is lower than average compared to its 12.3% growth within a five-year period.
Also in HIGHVALE, the median home price is sitting at $867,500, and the average rent at $800, this suggests property owners could potentially earn a 4.8% increase in gross rental yield.
Property investors have seen a -0.29% drop in HIGHVALE 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 3.04% growth over a ten-year period. It ranks 2620th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0.17%||N/A|
|Median 3 years||17.79%||N/A|
|Median 5 years||12.3%||N/A|
|10 years average annual||3.04%||N/A|
|Weekly media advert. rent||$800||N/A|
|Time on Market||111.8 days||N/A|
|Gross Rental Yield Percent||4.8%||N/A|