Capital Cities Head For Second Busiest Week Of Auctions In 2021
Scheduled auctions are swelling across the capital cities, with Sydney and Melbourne leading the charge. ...
The suburb’s capital gain of 3.33% for the past year is higher than average compared to its 13.76% growth within a five-year period.
Also in PARA HILLS, the median home price is sitting at $343,000, and the average rent at $330, this suggests property owners could potentially earn a 5% increase in gross rental yield.
Property investors have seen a -0.29% drop in PARA HILLS 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 1.96% growth over a ten-year period. It ranks 3300th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.33%||5.15%|
|Median 3 years||10.65%||N/A|
|Median 5 years||13.76%||10.63%|
|10 years average annual||1.96%||3.49%|
|Weekly media advert. rent||$330||$290|
|Time on Market||49.1 days||0.0 days|
|Gross Rental Yield Percent||5%||5.91%|