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 Price | $520,000 | $320,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.56% | -1.54% |
| 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% |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...