The suburb’s capital gain of 7.79% for the past year is higher than average compared to its -7.2% growth within a five-year period.
Also in GIN GIN, the median home price is sitting at $190,250, and the average rent at $260, this suggests property owners could potentially earn a 7.11% increase in gross rental yield.
Property investors have seen a -4.88% drop in GIN GIN 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 0.61% growth over a ten-year period. It ranks 3741st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.79%||N/A|
|Median 3 years||-0.39%||N/A|
|Median 5 years||-7.2%||N/A|
|10 years average annual||0.61%||N/A|
|Weekly media advert. rent||$260||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||7.11%||N/A|