The suburb’s capital gain of 1.19% for the past year is lower than average compared to its 18.03% growth within a five-year period.
Also in KLEMZIG, the median home price is sitting at $510,000, and the average rent at $377.5, this suggests property owners could potentially earn a 3.85% increase in gross rental yield.
Property investors have seen a -1.4% drop in KLEMZIG based on a decrease 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 4.58% growth over a ten-year period. It ranks 1754th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.19%||-5.17%|
|Median 3 years||8.51%||1.85%|
|Median 5 years||18.03%||11.97%|
|10 years average annual||4.58%||3.78%|
|Weekly media advert. rent||$377.5||$267.5|
|Time on Market||60.1 days||84.7 days|
|Gross Rental Yield Percent||3.85%||5.06%|