The suburb’s capital gain of 0.76% for the past year is higher than average compared to its -1.49% growth within a five-year period.
Also in TINANA, the median home price is sitting at $330,000, and the average rent at $307.5, this suggests property owners could potentially earn a 4.85% increase in gross rental yield.
Property investors have seen a -0.6% drop in TINANA 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 1.72% growth over a ten-year period. It ranks 3504th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0.76%||N/A|
|Median 3 years||9.27%||N/A|
|Median 5 years||-1.49%||N/A|
|10 years average annual||1.72%||N/A|
|Weekly media advert. rent||$307.5||N/A|
|Time on Market||129.0 days||N/A|
|Gross Rental Yield Percent||4.85%||N/A|