The suburb’s capital gain of 1.96% for the past year is lower than average compared to its 27.45% growth within a five-year period.
Also in MARDEN, the median home price is sitting at $650,000, and the average rent at $452.5, this suggests property owners could potentially earn a 3.62% increase in gross rental yield.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.96% growth over a ten-year period. It ranks 1609th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.96%||-7.08%|
|Median 3 years||6.21%||-4.55%|
|Median 5 years||27.45%||-1.87%|
|10 years average annual||4.96%||4.75%|
|Weekly media advert. rent||$452.5||$300|
|Time on Market||49.9 days||104.7 days|
|Gross Rental Yield Percent||3.62%||4.95%|