The suburb’s capital gain of 2.17% for the past year is higher than average compared to its 5.54% growth within a five-year period.
Also in MEADOWS, the median home price is sitting at $352,500, and the average rent at $340, this suggests property owners could potentially earn a 5.02% increase in gross rental yield.
Property investors have seen a -3.29% 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 4.78% growth over a ten-year period. It ranks 1661st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.17%||N/A|
|Median 3 years||5.22%||N/A|
|Median 5 years||5.54%||N/A|
|10 years average annual||4.78%||N/A|
|Weekly media advert. rent||$340||N/A|
|Time on Market||62.3 days||N/A|
|Gross Rental Yield Percent||5.02%||N/A|