The suburb’s capital gain of -4.9% for the past year is lower than average compared to its -11.82% growth within a five-year period.
Also in VINCENT, the median home price is sitting at $242,500, and the average rent at $277.5, this suggests property owners could potentially earn a 5.95% increase in gross rental yield.
Property investors have seen a -3% drop in VINCENT 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 -0.24% decrease over a ten-year period. It ranks 4140th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-4.9%||N/A|
|Median 3 years||-13.39%||N/A|
|Median 5 years||-11.82%||N/A|
|10 years average annual||-0.24%||N/A|
|Weekly media advert. rent||$277.5||N/A|
|Time on Market||89.2 days||N/A|
|Gross Rental Yield Percent||5.95%||N/A|