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 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%|