House Prices To Add Another 20% If Banks Don’t Slam The Brakes
Chatter about the possible introduction of macro-prudential controls to slow house price growth is increasing, while rep...
The suburb’s capital gain of 7.84% for the past year is higher than average compared to its 19.15% growth within a five-year period.
Also in GREENACRES, the median home price is sitting at $488,500, and the average rent at $407.5, this suggests property owners could potentially earn a 4.34% increase in gross rental yield.
Property investors have seen a 4.38% gain in GREENACRES 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 2.93% growth over a ten-year period. It ranks 2584th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.84%||N/A|
|Median 3 years||8.92%||N/A|
|Median 5 years||19.15%||N/A|
|10 years average annual||2.93%||N/A|
|Weekly media advert. rent||$407.5||N/A|
|Time on Market||57.7 days||N/A|
|Gross Rental Yield Percent||4.34%||N/A|