The suburb’s capital gain of -21.18% for the past year is lower than average compared to its 5.26% growth within a five-year period.
Also in MINYAMA, the median home price is sitting at $800,000, and the average rent at $590, this suggests property owners could potentially earn a 3.84% increase in gross rental yield.
Property investors have seen a -10.99% drop in MINYAMA 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 -0.5% decrease over a ten-year period. It ranks 4109th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-21.18%||14.52%|
|Median 3 years||1.36%||20.95%|
|Median 5 years||5.26%||24.56%|
|10 years average annual||-0.5%||3.01%|
|Weekly media advert. rent||$590||$377.5|
|Time on Market||75.7 days||41.9 days|
|Gross Rental Yield Percent||3.84%||5.53%|