The suburb’s capital gain of 2.38% for the past year is lower than average compared to its 12.42% growth within a five-year period.
Also in REYNELLA EAST, the median home price is sitting at $344,000, and the average rent at $330, this suggests property owners could potentially earn a 4.99% increase in gross rental yield.
Property investors have seen a 0.73% gain in REYNELLA EAST 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 3.84% growth over a ten-year period. It ranks 2137th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.38%||N/A|
|Median 3 years||6.63%||N/A|
|Median 5 years||12.42%||N/A|
|10 years average annual||3.84%||N/A|
|Weekly media advert. rent||$330||N/A|
|Time on Market||44.2 days||N/A|
|Gross Rental Yield Percent||4.99%||N/A|