Figures from the previous quarter show that capital gains for real estate buyers in SUMMERHILL are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $320 based on current median home prices for the suburb.
On average, rents on listings have reached the $320 mark, reflecting a 6.12% increase in returns based on the current median price in SUMMERHILL.
SUMMERHILL, 7250 ranks 149th in TAS in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 31st on the list of best yielding suburbs for rental properties in TAS, posting a 6.12% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-3.55%||N/A|
|Median 3 years||5.84%||N/A|
|Median 5 years||8.8%||N/A|
|10 years average annual||2.15%||N/A|
|Weekly media advert. rent||$320||N/A|
|Time on Market||60.0 days||N/A|
|Gross Rental Yield Percent||6.12%||N/A|