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The suburb’s capital gain of 4.29% for the past year is higher than average compared to its 0% growth within a five-year period.
Also in MOUNT BARKER, the median home price is sitting at $365,000, and the average rent at $380, this suggests property owners could potentially earn a 5.41% increase in gross rental yield.
Property investors have seen a 4.29% gain in MOUNT BARKER 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 0.91% growth over a ten-year period. It ranks 3688th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.29%||7.96%|
|Median 3 years||-9.2%||6%|
|Median 5 years||0%||13.42%|
|10 years average annual||0.91%||1.86%|
|Weekly media advert. rent||$380||$308|
|Time on Market||101.2 days||90.9 days|
|Gross Rental Yield Percent||5.41%||5.49%|
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