Migration cut plans set to impact property market
Top property industry bosses hold opposing views to the Prime Minister’s recently announced plan to reduce Australia’s migration intak...
The suburb’s capital gain of 26.07% for the past year is higher than average compared to its 13.87% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Property investors have seen a 3.22% gain in MIENA based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on MIENA, 7030 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 26.07%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.27% growth over a ten-year period. It ranks 407th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $176,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.22% | N/A |
| Median 12 month | 26.07% | N/A |
| Median 3 years | -7.83% | N/A |
| Median 5 years | 13.87% | N/A |
| 10 years average annual | 8.27% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 120.1 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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