New bank hits the market, set to offer home loans
One lender has been granted a full banking licence in Australia, and is eyeing the home loan market. ...
The suburb’s capital gain of -8.33% for the past year is lower than average compared to its -14.29% growth within a five-year period.
Also in MEADOWS, the median home price is sitting at $330,000, and the average rent at $350, this suggests property owners could potentially earn a 5.52% increase in gross rental yield.
Property investors have seen a 11.86% gain in MEADOWS 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 1.83% growth over a ten-year period. It ranks 3297th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $330,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 11.86% | N/A |
| Median 12 month | -8.33% | N/A |
| Median 3 years | 14.98% | N/A |
| Median 5 years | -14.29% | N/A |
| 10 years average annual | 1.83% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 5.52% | N/A |
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