Melbourne overtakes Sydney as the busiest city for auctions
Melbourne was host to 894 auctions over the past week, overtaking Sydney as the busiest capital city for auctions. ...
The suburb’s capital gain of 4.17% for the past year is higher than average compared to its 14.94% growth within a five-year period.
Also in BRINSMEAD, the median home price is sitting at $500,000, and the average rent at $465, this suggests property owners could potentially earn a 4.84% increase in gross rental yield.
Property investors have seen a 1.94% gain in BRINSMEAD based on an increase 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 2.07% growth over a ten-year period. It ranks 2847th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $500,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.94% | N/A |
| Median 12 month | 4.17% | N/A |
| Median 3 years | 11.11% | N/A |
| Median 5 years | 14.94% | N/A |
| 10 years average annual | 2.07% | N/A |
| Weekly media advert. rent | $465 | N/A |
| Time on Market | 56.0 days | N/A |
| Gross Rental Yield Percent | 4.84% | N/A |
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