The suburb’s capital gain of -6.67% for the past year is lower than average compared to its -7.67% growth within a five-year period.
Also in ZILZIE, the median home price is sitting at $346,250, and the average rent at $310, this suggests property owners could potentially earn a 4.66% increase in gross rental yield.
Property investors have seen a -2.46% 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 -0.77% decrease over a ten-year period. It ranks 4083rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-6.67%||N/A|
|Median 3 years||-6.42%||N/A|
|Median 5 years||-7.67%||N/A|
|10 years average annual||-0.77%||N/A|
|Weekly media advert. rent||$310||N/A|
|Time on Market||164.0 days||N/A|
|Gross Rental Yield Percent||4.66%||N/A|