The suburb’s capital gain of -8.05% for the past year is lower than average compared to its -11.04% growth within a five-year period.
Also in ZILZIE, the median home price is sitting at $342,500, and the average rent at $300, this suggests property owners could potentially earn a 4.55% increase in gross rental yield.
Property investors have seen a -1.44% drop in ZILZIE 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 -1.16% decrease over a ten-year period. It ranks 4028th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-8.05%||N/A|
|Median 3 years||-9.87%||N/A|
|Median 5 years||-11.04%||N/A|
|10 years average annual||-1.16%||N/A|
|Weekly media advert. rent||$300||N/A|
|Time on Market||175.6 days||N/A|
|Gross Rental Yield Percent||4.55%||N/A|