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The suburb’s capital gain of 0% for the past year is higher than average compared to its -9.9% growth within a five-year period.
Also in NORMAN GARDENS, the median home price is sitting at $380,000, and the average rent at $365, this suggests property owners could potentially earn a 4.99% increase in gross rental yield.
Property investors have seen a 0% gain in NORMAN GARDENS 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 -0.03% decrease over a ten-year period. It ranks 4253rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0%||-8.04%|
|Median 3 years||-5%||-8.04%|
|Median 5 years||-9.9%||-23.13%|
|10 years average annual||-0.03%||-0.49%|
|Weekly media advert. rent||$365||$245|
|Time on Market||76.1 days||0.0 days|
|Gross Rental Yield Percent||4.99%||4.95%|
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