Mortgage stress reaches 3-year low
Despite mortgage-holders experiencing record levels of comfort, red flags are emerging with financial stress tipped to rise, new research ha...
The suburb’s capital gain of 3.3% for the past year is lower than average compared to its 43.11% growth within a five-year period.
Also in MEADOWS, the median home price is sitting at $407,500, and the average rent at $377.5, this suggests property owners could potentially earn a 4.82% increase in gross rental yield.
Property investors have seen a -9.44% drop in MEADOWS 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 -0.05% decrease over a ten-year period. It ranks 4383rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $407,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -9.44% | N/A |
| Median 12 month | 3.3% | N/A |
| Median 3 years | 3.95% | N/A |
| Median 5 years | 43.11% | N/A |
| 10 years average annual | -0.05% | N/A |
| Weekly media advert. rent | $377.5 | N/A |
| Time on Market | 104.9 days | N/A |
| Gross Rental Yield Percent | 4.82% | N/A |
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