The suburb’s capital gain of 1.31% for the past year is lower than average compared to its 20.11% growth within a five-year period.
Also in MOUNT BARKER, the median home price is sitting at $425,500, and the average rent at $350, this suggests property owners could potentially earn a 4.28% increase in gross rental yield.
Property investors have seen a -1.05% drop in MOUNT BARKER 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 4.06% growth over a ten-year period. It ranks 2008th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.31%||-3.67%|
|Median 3 years||15%||13.46%|
|Median 5 years||20.11%||11.11%|
|10 years average annual||4.06%||2.88%|
|Weekly media advert. rent||$350||$295|
|Time on Market||95.5 days||98.2 days|
|Gross Rental Yield Percent||4.28%||5.2%|