$170m development to benefit Melbourne’s eastern suburbs
MaxCap Group has closed a $170 million senior debt deal for a development finance that will be used to deliver an exciting project in Melbou...
Also in GIN GIN, the median home price is sitting at $147,000, and the average rent at $275, this suggests property owners could potentially earn a 9.73% increase in gross rental yield.
Property investors have seen a 0% 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 -3.16% decrease over a ten-year period. It ranks 3836th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $147,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | -8.13% | N/A |
| 10 years average annual | -3.16% | N/A |
| Weekly media advert. rent | $275 | N/A |
| Time on Market | 119.8 days | N/A |
| Gross Rental Yield Percent | 9.73% | N/A |
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