Australia is in the midst of ‘the biggest rental crisis in history’, expert says
Australia’s property market has never been more paradoxical, with intense rental pressure recorded in a majority of towns and cities, but ...
The suburb’s capital gain of -3.23% for the past year is lower than average compared to its 18.31% growth within a five-year period.
Also in ELIZABETH GROVE, the median home price is sitting at $210,000, and the average rent at $255.5, this suggests property owners could potentially earn a 6.33% increase in gross rental yield.
Property investors have seen a -6.67% drop in ELIZABETH GROVE 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 1.14% growth over a ten-year period. It ranks 3463rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $210,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -6.67% | N/A |
| Median 12 month | -3.23% | N/A |
| Median 3 years | 1.2% | N/A |
| Median 5 years | 18.31% | N/A |
| 10 years average annual | 1.14% | N/A |
| Weekly media advert. rent | $255.5 | N/A |
| Time on Market | 76.6 days | N/A |
| Gross Rental Yield Percent | 6.33% | N/A |
Australia’s property market has never been more paradoxical, with intense rental pressure recorded in a majority of towns and cities, but ...
The rental market finished the year strong, with December clocking the largest monthly increase in rental rates since 2010, as the regions c...
All 130-plus rental standard reforms from the Victorian government are now available for viewing, in a bid to make renting “fairer” for ...
The ACT government has recently launched a tool that it said will help the territory’s renters to assess their home’s energy efficiency ...
With the number of COVID-19-impacted tenants now dropping, Australia’s professional real estate body is leading a call to the national cab...
Aussies looking to sell their property are being offered up to $60,000 in specialised finance to renovate or upgrade their property and cove...
Get notifications in real-time for staying up to date with content that matters to you.
