
$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 11.59% for the past year is higher than average compared to its 20.37% growth within a five-year period.
Also in PARKLANDS, the median home price is sitting at $325,000, and the average rent at $322.5, this suggests property owners could potentially earn a 5.16% increase in gross rental yield.
Property investors have seen a -1.52% drop in PARKLANDS based on a decrease in median home prices for the past three months.
They believe that homeowners and real estate investors betting on PARKLANDS, 7320 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 11.59%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.43% growth over a ten-year period. It ranks 2820th on our list of suburbs that property investors should look into.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $325,000 | N/A |
GROWTH REPORT | ||
Median Quarterly | -1.52% | N/A |
Median 12 month | 11.59% | N/A |
Median 3 years | 31.31% | N/A |
Median 5 years | 20.37% | N/A |
10 years average annual | 2.43% | N/A |
Weekly media advert. rent | $322.5 | N/A |
Time on Market | 31.0 days | N/A |
Gross Rental Yield Percent | 5.16% | N/A |
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