House prices see largest price drop for last 7 years
A property institute has claimed house prices have seen their largest drop since December 2011, giving buyers the opportunity to add to thei...
The suburb’s capital gain of 3.47% for the past year is higher than average compared to its 7.68% growth within a five-year period.
Also in TURNERS BEACH, the median home price is sitting at $357,500, and the average rent at $305, this suggests property owners could potentially earn a 4.44% increase in gross rental yield.
Property investors have seen a -2.05% drop in TURNERS BEACH based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 1.4% growth over a ten-year period. It ranks 3397th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.47%||N/A|
|Median 3 years||14.04%||N/A|
|Median 5 years||7.68%||N/A|
|10 years average annual||1.4%||N/A|
|Weekly media advert. rent||$305||N/A|
|Time on Market||80.6 days||N/A|
|Gross Rental Yield Percent||4.44%||N/A|
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