Online shopping surge breathes new life into mundane commercial property
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
The suburb’s capital gain of 6.15% for the past year is higher than average compared to its 7.81% growth within a five-year period.
Also in TINANA, the median home price is sitting at $345,000, and the average rent at $330, this suggests property owners could potentially earn a 4.97% increase in gross rental yield.
Property investors have seen a 4.55% gain in TINANA 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 0.57% growth over a ten-year period. It ranks 3652nd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $345,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.55% | N/A |
| Median 12 month | 6.15% | N/A |
| Median 3 years | 20% | N/A |
| Median 5 years | 7.81% | N/A |
| 10 years average annual | 0.57% | N/A |
| Weekly media advert. rent | $330 | N/A |
| Time on Market | 90.5 days | N/A |
| Gross Rental Yield Percent | 4.97% | N/A |
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