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The federal government’s recent JobKeeper wage subsidy is set to significantly help relieve rental and mortgage stress, according to the P...
The suburb’s capital gain of -11.87% for the past year is lower than average compared to its 8.97% growth within a five-year period.
Also in MONS, the median home price is sitting at $850,000, and the average rent at $775, this suggests property owners could potentially earn a 4.74% increase in gross rental yield.
Property investors have seen a -1.9% drop in MONS 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 3.7% growth over a ten-year period. It ranks 2103rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-11.87%||N/A|
|Median 3 years||8.97%||N/A|
|Median 5 years||8.97%||N/A|
|10 years average annual||3.7%||N/A|
|Weekly media advert. rent||$775||N/A|
|Time on Market||116.3 days||N/A|
|Gross Rental Yield Percent||4.74%||N/A|
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