Property to regain momentum following health crisis
Strong property price growth before the outbreak of COVID-19 gives investors a snapshot of what market conditions will be like once the pand...
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The suburb’s capital gain of 0.94% for the past year is lower than average compared to its 22.86% growth within a five-year period.
Also in ELIZABETH GROVE, the median home price is sitting at $215,000, and the average rent at $260, this suggests property owners could potentially earn a 6.29% increase in gross rental yield.
Property investors have seen a 0% 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 1.59% growth over a ten-year period. It ranks 3220th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $215,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 0.94% | N/A |
| Median 3 years | 10.26% | N/A |
| Median 5 years | 22.86% | N/A |
| 10 years average annual | 1.59% | N/A |
| Weekly media advert. rent | $260 | N/A |
| Time on Market | 55.5 days | N/A |
| Gross Rental Yield Percent | 6.29% | N/A |
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