The suburb’s capital gain of 4.92% for the past year is higher than average compared to its -1.08% growth within a five-year period.
Also in ELLIOTT HEADS, the median home price is sitting at $320,000, and the average rent at $270, this suggests property owners could potentially earn a 4.39% increase in gross rental yield.
Property investors have seen a 11.3% gain in ELLIOTT HEADS 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 1.72% growth over a ten-year period. It ranks 3459th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.92%||N/A|
|Median 3 years||2.24%||N/A|
|Median 5 years||-1.08%||N/A|
|10 years average annual||1.72%||N/A|
|Weekly media advert. rent||$270||N/A|
|Time on Market||133.9 days||N/A|
|Gross Rental Yield Percent||4.39%||N/A|