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The suburb’s capital gain of 7.32% for the past year is higher than average compared to its 16.84% growth within a five-year period.
Also in TROTT PARK, the median home price is sitting at $388,500, and the average rent at $340, this suggests property owners could potentially earn a 4.55% increase in gross rental yield.
Property investors have seen a -0.38% drop in TROTT PARK based on a decrease 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 2.23% growth over a ten-year period. It ranks 2822nd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $388,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.38% | N/A |
| Median 12 month | 7.32% | N/A |
| Median 3 years | 11.64% | N/A |
| Median 5 years | 16.84% | N/A |
| 10 years average annual | 2.23% | N/A |
| Weekly media advert. rent | $340 | N/A |
| Time on Market | 42.8 days | N/A |
| Gross Rental Yield Percent | 4.55% | N/A |
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