$18m investor shares his ‘life-changing’ first investment
Since we talked to him about his investments last year, investor Scott O’Neill has seen his portfolio rise by nearly $7 million, but where...
The suburb’s capital gain of 7.73% for the past year is higher than average compared to its 17.12% growth within a five-year period.
Also in TROTT PARK, the median home price is sitting at $390,000, and the average rent at $340, this suggests property owners could potentially earn a 4.53% increase in gross rental yield.
Property investors have seen a 2.09% 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 2.22% growth over a ten-year period. It ranks 2850th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $390,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.09% | N/A |
| Median 12 month | 7.73% | N/A |
| Median 3 years | 11.75% | N/A |
| Median 5 years | 17.12% | N/A |
| 10 years average annual | 2.22% | N/A |
| Weekly media advert. rent | $340 | N/A |
| Time on Market | 37.2 days | N/A |
| Gross Rental Yield Percent | 4.53% | N/A |
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