The biggest mistakes first-time investors can make
No matter if you are a first-time investor or a veteran in the market, there are some aspects of investing that are universal to all. Thatâ€...
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The suburb’s capital gain of 6.56% for the past year is lower than average compared to its 40.96% growth within a five-year period.
Also in TEWANTIN, the median home price is sitting at $585,000, and the average rent at $475, this suggests property owners could potentially earn a 4.22% increase in gross rental yield.
Property investors have seen a -0.17% drop in TEWANTIN 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 2.9% growth over a ten-year period. It ranks 2547th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $585,000 | $371,750 |
| GROWTH REPORT | ||
| Median Quarterly | -0.17% | 1.16% |
| Median 12 month | 6.56% | 6.21% |
| Median 3 years | 27.17% | 27.09% |
| Median 5 years | 40.96% | 6.21% |
| 10 years average annual | 2.9% | 2.35% |
| Weekly media advert. rent | $475 | $362.5 |
| Time on Market | 56.6 days | 58.8 days |
| Gross Rental Yield Percent | 4.22% | 5.07% |
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