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The suburb’s capital gain of 2.04% for the past year is lower than average compared to its 11.82% growth within a five-year period.
Also in REYNELLA EAST, the median home price is sitting at $350,000, and the average rent at $330, this suggests property owners could potentially earn a 4.9% increase in gross rental yield.
Property investors have seen a 2.04% 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 2.07% growth over a ten-year period. It ranks 2907th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.04%||N/A|
|Median 3 years||6.06%||N/A|
|Median 5 years||11.82%||N/A|
|10 years average annual||2.07%||N/A|
|Weekly media advert. rent||$330||N/A|
|Time on Market||45.7 days||N/A|
|Gross Rental Yield Percent||4.9%||N/A|
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