The suburb’s capital gain of -1.71% for the past year is lower than average compared to its 0.62% growth within a five-year period.
Also in NORTH BRIGHTON, the median home price is sitting at $646,500, and the average rent at $465, this suggests property owners could potentially earn a 3.74% increase in gross rental yield.
Property investors have seen a 2.38% gain in NORTH BRIGHTON 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 5.59% growth over a ten-year period. It ranks 1364th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-1.71%||-9.38%|
|Median 3 years||2.62%||N/A|
|Median 5 years||0.62%||N/A|
|10 years average annual||5.59%||-14.22%|
|Weekly media advert. rent||$465||$380|
|Time on Market||93.7 days||0.0 days|
|Gross Rental Yield Percent||3.74%||4.54%|