The suburb’s capital gain of -3.27% for the past year is lower than average compared to its 18.33% growth within a five-year period.
Also in MINYAMA, the median home price is sitting at $887,500, and the average rent at $580, this suggests property owners could potentially earn a 3.4% increase in gross rental yield.
Property investors have seen a 0% gain in MINYAMA 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 -0.19% decrease over a ten-year period. It ranks 4150th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $887,500 | $345,250 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 3.06% |
| Median 12 month | -3.27% | 9.6% |
| Median 3 years | 27.24% | 19.46% |
| Median 5 years | 18.33% | 20.09% |
| 10 years average annual | -0.19% | 2.89% |
| Weekly media advert. rent | $580 | $380 |
| Time on Market | 87.3 days | 48.8 days |
| Gross Rental Yield Percent | 3.4% | 5.72% |
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