The suburb’s capital gain of 2.43% for the past year is higher than average compared to its -0.26% growth within a five-year period.
Also in BARMERA, the median home price is sitting at $189,500, and the average rent at $240, this suggests property owners could potentially earn a 6.59% increase in gross rental yield.
Property investors have seen a -5.25% drop in BARMERA 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 1.76% growth over a ten-year period. It ranks 3497th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.43%||N/A|
|Median 3 years||6.01%||N/A|
|Median 5 years||-0.26%||N/A|
|10 years average annual||1.76%||N/A|
|Weekly media advert. rent||$240||N/A|
|Time on Market||162.7 days||N/A|
|Gross Rental Yield Percent||6.59%||N/A|