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By removing negative gearing, an industry advocate claims Australians would be losing a part of their investing DNA, and is lobbying instead...
Based on its average 5-year and quarterly capital gains ALLENBY GARDENS, 5009 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that ALLENBY GARDENS, 5009 obtained a 3.03% growth over a ten-year period. It ranks 2387th on our list of suburbs that property investors should look into.
ALLENBY GARDENS, 5009 in SA belongs to the local government area of Charles Sturt.
ALLENBY GARDENS, 5009 has a capital gain of -5.39% for the past year, which is lower than average compared to its 16.09% growth within a five-year period.
With the median home price in ALLENBY GARDENS sitting at $570,000, and the average rent at $420, property owners could potentially earn a 3.83% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ALLENBY GARDENS are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $570,000 | $396,250 |
| GROWTH REPORT | ||
| Median Quarterly | -1.89% | -7.47% |
| Median 12 month | -5.39% | -7.53% |
| Median 3 years | 4.68% | N/A |
| Median 5 years | 16.09% | 8.71% |
| 10 years average annual | 3.03% | -2.6% |
| Weekly media advert. rent | $420 | N/A |
| Time on Market | 63.5 days | 72.6 days |
| Gross Rental Yield Percent | 3.83% | N/A |
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