Markets In A ‘sound’ State Despite Shift: PIPA
The winds of change are sweeping through the country’s real estate market, but for Property Investment Professionals o...
The suburb’s capital gain of 38.53% for the past year is higher than average compared to its 80% 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 9.09% gain in BINALONG BAY based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on BINALONG BAY, 7216 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 38.53%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 9.57% growth over a ten-year period. It ranks 126th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||38.53%||N/A|
|Median 3 years||72.46%||N/A|
|Median 5 years||80%||N/A|
|10 years average annual||9.57%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|