Capital city house prices reach record high in December
Hobart is no longer the most affordable capital city in Australia to purchase a house, following double-digit growth in December. ...
The suburb’s capital gain of 4.27% for the past year is lower than average compared to its 43.1% growth within a five-year period.
Also in BOKARINA, the median home price is sitting at $855,000, and the average rent at $650, this suggests property owners could potentially earn a 3.95% increase in gross rental yield.
Property investors have seen a 3.01% gain in BOKARINA 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 4.86% growth over a ten-year period. It ranks 1612th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $855,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.01% | N/A |
| Median 12 month | 4.27% | N/A |
| Median 3 years | 14% | N/A |
| Median 5 years | 43.1% | N/A |
| 10 years average annual | 4.86% | N/A |
| Weekly media advert. rent | $650 | N/A |
| Time on Market | 56.1 days | N/A |
| Gross Rental Yield Percent | 3.95% | N/A |
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