Mortgage delinquency rates to continue rising in 2021
Australian mortgage delinquency rates will continue to increase over the next year due to the ongoing economic fallout from the COVID-19 out...
The suburb’s capital gain of 4.49% for the past year is lower than average compared to its 31.52% growth within a five-year period.
Also in TEWANTIN, the median home price is sitting at $605,000, and the average rent at $500, this suggests property owners could potentially earn a 4.3% increase in gross rental yield.
Property investors have seen a 1.68% gain in TEWANTIN 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 3.21% growth over a ten-year period. It ranks 2231st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $605,000 | $375,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.68% | 6.38% |
| Median 12 month | 4.49% | -3.85% |
| Median 3 years | 14.15% | 15.38% |
| Median 5 years | 31.52% | 27.12% |
| 10 years average annual | 3.21% | 2.51% |
| Weekly media advert. rent | $500 | $395 |
| Time on Market | 86.4 days | 70.6 days |
| Gross Rental Yield Percent | 4.3% | 5.48% |
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