The suburb’s capital gain of 0.57% for the past year is lower than average compared to its 25.14% growth within a five-year period.
Also in GREENACRES, the median home price is sitting at $438,000, and the average rent at $362.5, this suggests property owners could potentially earn a 4.3% increase in gross rental yield.
Property investors have seen a 0% 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 6.69% growth over a ten-year period. It ranks 969th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0.57%||N/A|
|Median 3 years||13.77%||N/A|
|Median 5 years||25.14%||N/A|
|10 years average annual||6.69%||N/A|
|Weekly media advert. rent||$362.5||N/A|
|Time on Market||76.2 days||N/A|
|Gross Rental Yield Percent||4.3%||N/A|