The suburb’s capital gain of 9.47% for the past year is higher than average compared to its 35.06% growth within a five-year period.
Also in TEWANTIN, the median home price is sitting at $520,000, and the average rent at $475, this suggests property owners could potentially earn a 4.75% increase in gross rental yield.
Property investors have seen a 1.56% 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 2.93% growth over a ten-year period. It ranks 2700th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.47%||-0.78%|
|Median 3 years||21.64%||-0.47%|
|Median 5 years||35.06%||9.4%|
|10 years average annual||2.93%||2.42%|
|Weekly media advert. rent||$475||$400|
|Time on Market||64.7 days||98.9 days|
|Gross Rental Yield Percent||4.75%||6.5%|