The suburb’s capital gain of 6.31% for the past year is higher than average compared to its 16.22% growth within a five-year period.
Also in SEACOMBE HEIGHTS, the median home price is sitting at $480,000, and the average rent at $380, this suggests property owners could potentially earn a 4.12% increase in gross rental yield.
Property investors have seen a 7.87% gain in SEACOMBE HEIGHTS 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 5% growth over a ten-year period. It ranks 1590th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $480,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 7.87% | N/A |
| Median 12 month | 6.31% | N/A |
| Median 3 years | 12.28% | N/A |
| Median 5 years | 16.22% | N/A |
| 10 years average annual | 5% | N/A |
| Weekly media advert. rent | $380 | N/A |
| Time on Market | 42.0 days | N/A |
| Gross Rental Yield Percent | 4.12% | N/A |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...