The suburb’s capital gain of 3.04% for the past year is lower than average compared to its 20.15% growth within a five-year period.
Also in KLEMZIG, the median home price is sitting at $517,250, and the average rent at $360, this suggests property owners could potentially earn a 3.62% increase in gross rental yield.
Property investors have seen a 0.44% gain in KLEMZIG 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 5.25% growth over a ten-year period. It ranks 1478th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.04%||4.09%|
|Median 3 years||10.05%||7.41%|
|Median 5 years||20.15%||14.5%|
|10 years average annual||5.25%||5.47%|
|Weekly media advert. rent||$360||$270|
|Time on Market||71.0 days||94.8 days|
|Gross Rental Yield Percent||3.62%||4.9%|