Strategies to help your tenant if they are affected by COVID-19
Many businesses over the next few months will be forced to shut their doors to slow the spread of COVID-19. The important thing for landlord...
The suburb’s capital gain of -12.05% for the past year is lower than average compared to its -7.36% growth within a five-year period.
Also in INNES PARK, the median home price is sitting at $365,000, and the average rent at $350, this suggests property owners could potentially earn a 4.99% increase in gross rental yield.
Property investors have seen a -9.77% drop in INNES PARK 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 0.36% growth over a ten-year period. It ranks 3673rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-12.05%||N/A|
|Median 3 years||-9.88%||N/A|
|Median 5 years||-7.36%||N/A|
|10 years average annual||0.36%||N/A|
|Weekly media advert. rent||$350||N/A|
|Time on Market||87.9 days||N/A|
|Gross Rental Yield Percent||4.99%||N/A|
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