The suburb’s capital gain of 0.15% for the past year is lower than average compared to its 11.74% growth within a five-year period.
Also in CRAIGBURN FARM, the median home price is sitting at $676,000, and the average rent at $600, this suggests property owners could potentially earn a 4.62% increase in gross rental yield.
Property investors have seen a 4% gain in CRAIGBURN FARM 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 1.42% growth over a ten-year period. It ranks 3523rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0.15%||N/A|
|Median 3 years||1.08%||N/A|
|Median 5 years||11.74%||N/A|
|10 years average annual||1.42%||N/A|
|Weekly media advert. rent||$600||N/A|
|Time on Market||67.4 days||N/A|
|Gross Rental Yield Percent||4.62%||N/A|