The suburb’s capital gain of -5.38% for the past year is lower than average compared to its 0% growth within a five-year period.
Also in LOXTON, the median home price is sitting at $220,000, and the average rent at $270, this suggests property owners could potentially earn a 6.38% increase in gross rental yield.
Property investors have seen a 0% gain in LOXTON 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 3.2% growth over a ten-year period. It ranks 2505th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-5.38%||N/A|
|Median 3 years||4.76%||N/A|
|Median 5 years||0%||N/A|
|10 years average annual||3.2%||N/A|
|Weekly media advert. rent||$270||N/A|
|Time on Market||130.7 days||N/A|
|Gross Rental Yield Percent||6.38%||N/A|