The suburb’s capital gain of 7.95% for the past year is higher than average compared to its 14.11% growth within a five-year period.
Also in TROTT PARK, the median home price is sitting at $380,000, and the average rent at $342.5, this suggests property owners could potentially earn a 4.69% increase in gross rental yield.
Property investors have seen a 1.74% gain in TROTT PARK 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 3.18% growth over a ten-year period. It ranks 2412th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.95%||N/A|
|Median 3 years||7.8%||N/A|
|Median 5 years||14.11%||N/A|
|10 years average annual||3.18%||N/A|
|Weekly media advert. rent||$342.5||N/A|
|Time on Market||41.1 days||N/A|
|Gross Rental Yield Percent||4.69%||N/A|