‘Great buying opportunities’ for careful investors looking at new-builds
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...
The suburb’s capital gain of -8.93% for the past year is lower than average compared to its -17.71% growth within a five-year period.
Also in MOUNT LOUISA, the median home price is sitting at $341,500, and the average rent at $340, this suggests property owners could potentially earn a 5.18% increase in gross rental yield.
Property investors have seen a -0.06% drop in MOUNT LOUISA 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 -1.92% decrease over a ten-year period. It ranks 3934th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $341,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.06% | N/A |
| Median 12 month | -8.93% | N/A |
| Median 3 years | -8.93% | N/A |
| Median 5 years | -17.71% | N/A |
| 10 years average annual | -1.92% | N/A |
| Weekly media advert. rent | $340 | N/A |
| Time on Market | 88.2 days | N/A |
| Gross Rental Yield Percent | 5.18% | N/A |
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