The suburb’s capital gain of 7.6% for the past year is higher than average compared to its 10.45% growth within a five-year period.
Also in MEADOWS, the median home price is sitting at $364,500, and the average rent at $340, this suggests property owners could potentially earn a 4.85% increase in gross rental yield.
Property investors have seen a 9.87% 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 5.91% growth over a ten-year period. It ranks 1240th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.6%||N/A|
|Median 3 years||2.68%||N/A|
|Median 5 years||10.45%||N/A|
|10 years average annual||5.91%||N/A|
|Weekly media advert. rent||$340||N/A|
|Time on Market||91.9 days||N/A|
|Gross Rental Yield Percent||4.85%||N/A|