Capital city house prices reach record high in December
Hobart is no longer the most affordable capital city in Australia to purchase a house, following double-digit growth in December. ...
The suburb’s capital gain of -6.54% for the past year is lower than average compared to its -1.64% growth within a five-year period.
Also in ELLIOTT HEADS, the median home price is sitting at $300,000, and the average rent at $325, this suggests property owners could potentially earn a 5.63% increase in gross rental yield.
Property investors have seen a -2.12% 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 -0.37% decrease over a ten-year period. It ranks 4266th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $300,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.12% | N/A |
| Median 12 month | -6.54% | N/A |
| Median 3 years | -7.55% | N/A |
| Median 5 years | -1.64% | N/A |
| 10 years average annual | -0.37% | N/A |
| Weekly media advert. rent | $325 | N/A |
| Time on Market | 101.8 days | N/A |
| Gross Rental Yield Percent | 5.63% | N/A |
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