Menangle Park Could Be The Next South Western Sydney Success Story
For buyers willing to gamble on an early-stage release in an unknown suburb, the rewards might just outweigh the risks. ...
The suburb’s capital gain of 40.91% for the past year is higher than average compared to its -2.97% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in MOURA, the median home price is sitting at $155,000, and the average rent at $270, this suggests property owners could potentially earn a 9.06% increase in gross rental yield.
Property investors have seen a -1.59% drop in MOURA based on a decrease in median home prices for the past three months.
They believe that homeowners and real estate investors betting on MOURA, 4718 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 40.91%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.41% growth over a ten-year period. It ranks 483rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||40.91%||N/A|
|Median 3 years||93.75%||N/A|
|Median 5 years||-2.97%||N/A|
|10 years average annual||7.41%||N/A|
|Weekly media advert. rent||$270||N/A|
|Time on Market||125.3 days||N/A|
|Gross Rental Yield Percent||9.06%||N/A|