Why 2021 won’t be the death of retail and office investments
Despite being one of the hardest-hit property sectors, investors in commercial property are being advised not to abandon their investments,...
The suburb’s capital gain of 5.52% for the past year is higher than average compared to its -3.39% growth within a five-year period.
Also in GIN GIN, the median home price is sitting at $162,500, and the average rent at $260, this suggests property owners could potentially earn a 8.32% increase in gross rental yield.
Property investors have seen a 12.85% gain in GIN GIN 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 -0.62% decrease over a ten-year period. It ranks 4205th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $162,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 12.85% | N/A |
| Median 12 month | 5.52% | N/A |
| Median 3 years | -9.72% | N/A |
| Median 5 years | -3.39% | N/A |
| 10 years average annual | -0.62% | N/A |
| Weekly media advert. rent | $260 | N/A |
| Time on Market | 133.9 days | N/A |
| Gross Rental Yield Percent | 8.32% | N/A |
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