Why it pays to have a principal and interest loan
Owner-occupiers who are paying principal and interest on their mortgage are being rewarded by the financial institutions with a lower intere...
The suburb’s capital gain of -9.48% for the past year is lower than average compared to its 10.68% growth within a five-year period.
Also in ELLIOTT HEADS, the median home price is sitting at $303,250, and the average rent at $300, this suggests property owners could potentially earn a 5.14% increase in gross rental yield.
Property investors have seen a -4.49% drop in ELLIOTT HEADS 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 0.73% growth over a ten-year period. It ranks 3533rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $303,250 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -4.49% | N/A |
| Median 12 month | -9.48% | N/A |
| Median 3 years | 2.8% | N/A |
| Median 5 years | 10.68% | N/A |
| 10 years average annual | 0.73% | N/A |
| Weekly media advert. rent | $300 | N/A |
| Time on Market | 100.5 days | N/A |
| Gross Rental Yield Percent | 5.14% | N/A |
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