The suburb’s capital gain of 0% for the past year is higher than average compared to its -1.81% growth within a five-year period.
Also in ELIZABETH GROVE, the median home price is sitting at $217,500, and the average rent at $255.5, this suggests property owners could potentially earn a 6.11% increase in gross rental yield.
Property investors have seen a 1.16% 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 3.71% growth over a ten-year period. It ranks 2255th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0%||12.73%|
|Median 3 years||5.07%||8.96%|
|Median 5 years||-1.81%||14.81%|
|10 years average annual||3.71%||3.35%|
|Weekly media advert. rent||$255.5||$225|
|Time on Market||96.6 days||84.7 days|
|Gross Rental Yield Percent||6.11%||7.55%|