Commercial v residential investments
As someone who has invested extensively in both residential and commercial property, I have seen both sides of the fence when it comes to in...
Based on its average 5-year and quarterly capital gains CHIGWELL, 7011 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that CHIGWELL, 7011 obtained a 6.12% growth over a ten-year period. It ranks 932nd on our list of suburbs that property investors should look into.
CHIGWELL, 7011 in TAS belongs to the local government area of Glenorchy (C).
CHIGWELL, 7011 has a capital gain of 11.83% for the past year, which is lower than average compared to its 75.42% growth within a five-year period.
With the median home price in CHIGWELL sitting at $364,000, and the average rent at $390, property owners could potentially earn a 5.57% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in CHIGWELL are low, as opposed to average gains per annum over the past five years.
A 11.83% increase in median property prices in CHIGWELL, 7011 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 74th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $364,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.3% | N/A |
| Median 12 month | 11.83% | N/A |
| Median 3 years | 40% | N/A |
| Median 5 years | 75.42% | N/A |
| 10 years average annual | 6.12% | N/A |
| Weekly media advert. rent | $390 | N/A |
| Time on Market | 37.8 days | N/A |
| Gross Rental Yield Percent | 5.57% | N/A |
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