The suburb’s capital gain of -1.12% for the past year is lower than average compared to its 0% growth within a five-year period.
Also in ELIZABETH GROVE, the median home price is sitting at $220,000, and the average rent at $258, this suggests property owners could potentially earn a 6.1% increase in gross rental yield.
Property investors have seen a 1.15% gain in ELIZABETH GROVE 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 3.2% growth over a ten-year period. It ranks 2504th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-1.12%||4.07%|
|Median 3 years||10.28%||8.89%|
|Median 5 years||0%||8.89%|
|10 years average annual||3.2%||2.21%|
|Weekly media advert. rent||$258||$225|
|Time on Market||101.2 days||77.8 days|
|Gross Rental Yield Percent||6.1%||7.96%|