$3m-plus suburbs double during the pandemic as allure of luxury property grows
With more Australians racking up more savings than ever before and affordability improving across the real estate market, the allure of luxu...
The suburb’s capital gain of 30.88% for the past year is higher than average compared to its 52.57% 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 8.76% gain in RAILTON based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on RAILTON, 7305 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 30.88%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.41% growth over a ten-year period. It ranks 1314th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $267,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 8.76% | N/A |
| Median 12 month | 30.88% | N/A |
| Median 3 years | 33.5% | N/A |
| Median 5 years | 52.57% | N/A |
| 10 years average annual | 5.41% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 39.2 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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