The suburb’s capital gain of -11.38% for the past year is lower than average compared to its -7.76% growth within a five-year period.
Also in BARMERA, the median home price is sitting at $175,250, and the average rent at $230, this suggests property owners could potentially earn a 6.82% increase in gross rental yield.
Property investors have seen a -10.01% 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 1.09% growth over a ten-year period. It ranks 3626th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-11.38%||N/A|
|Median 3 years||-1.96%||N/A|
|Median 5 years||-7.76%||N/A|
|10 years average annual||1.09%||N/A|
|Weekly media advert. rent||$230||N/A|
|Time on Market||147.4 days||N/A|
|Gross Rental Yield Percent||6.82%||N/A|