The suburb’s capital gain of -25.9% for the past year is lower than average compared to its 12.9% growth within a five-year period.
Also in APPLE TREE CREEK, the median home price is sitting at $227,500, and the average rent at $280, this suggests property owners could potentially earn a 6.4% increase in gross rental yield.
Property investors have seen a -3.19% drop in APPLE TREE CREEK 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 7.31% growth over a ten-year period. It ranks 805th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-25.9%||N/A|
|Median 3 years||-15.74%||N/A|
|Median 5 years||12.9%||N/A|
|10 years average annual||7.31%||N/A|
|Weekly media advert. rent||$280||N/A|
|Time on Market||92.9 days||N/A|
|Gross Rental Yield Percent||6.4%||N/A|