Competition from FHBs not expected until late 2019
First-home buyers are expected to return to the market by the end of 2019, meaning property investors could have less-than-expected competit...
The suburb’s capital gain of -5.2% for the past year is lower than average compared to its -10.14% growth within a five-year period.
Also in FRENCHVILLE, the median home price is sitting at $310,000, and the average rent at $300, this suggests property owners could potentially earn a 5.03% increase in gross rental yield.
Property investors have seen a -1.59% drop in FRENCHVILLE 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 -0.98% decrease over a ten-year period. It ranks 4044th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $310,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.59% | N/A |
| Median 12 month | -5.2% | N/A |
| Median 3 years | -1.59% | N/A |
| Median 5 years | -10.14% | N/A |
| 10 years average annual | -0.98% | N/A |
| Weekly media advert. rent | $300 | N/A |
| Time on Market | 81.2 days | N/A |
| Gross Rental Yield Percent | 5.03% | N/A |
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