The suburb’s capital gain of 2.77% for the past year is higher than average compared to its 9.53% growth within a five-year period.
Also in TROTT PARK, the median home price is sitting at $362,000, and the average rent at $350, this suggests property owners could potentially earn a 5.03% increase in gross rental yield.
Property investors have seen a 0% 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 3.19% growth over a ten-year period. It ranks 2512th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.77%||N/A|
|Median 3 years||3.13%||N/A|
|Median 5 years||9.53%||N/A|
|10 years average annual||3.19%||N/A|
|Weekly media advert. rent||$350||N/A|
|Time on Market||42.1 days||N/A|
|Gross Rental Yield Percent||5.03%||N/A|