The suburb’s capital gain of 5.82% for the past year is higher than average compared to its 28.81% growth within a five-year period.
Also in BIRKENHEAD, the median home price is sitting at $431,500, and the average rent at $370, this suggests property owners could potentially earn a 4.46% increase in gross rental yield.
Property investors have seen a -1.93% drop in BIRKENHEAD 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 4.86% growth over a ten-year period. It ranks 1620th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.82%||N/A|
|Median 3 years||11.35%||N/A|
|Median 5 years||28.81%||N/A|
|10 years average annual||4.86%||N/A|
|Weekly media advert. rent||$370||N/A|
|Time on Market||55.1 days||N/A|
|Gross Rental Yield Percent||4.46%||N/A|