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 Price | $189,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -5.25% | N/A |
| 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 |
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