Is the regional trend coming to an end?
The regional trend could be coming to an end as new figures reveal that monthly capital city price growth has outpaced regional price growth...
Based on its average 5-year and quarterly capital gains ROMAINE, 7320 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that ROMAINE, 7320 obtained a 1.06% growth over a ten-year period. It ranks 3517th on our list of suburbs that property investors should look into.
ROMAINE, 7320 in TAS belongs to the local government area of Burnie (C).
ROMAINE, 7320 has a capital gain of -1.6% for the past year, which is lower than average compared to its 9.82% growth within a five-year period.
With the median home price in ROMAINE sitting at $307,500, and the average rent at $345, property owners could potentially earn a 5.83% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ROMAINE are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $307,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.81% | N/A |
| Median 12 month | -1.6% | N/A |
| Median 3 years | 10.81% | N/A |
| Median 5 years | 9.82% | N/A |
| 10 years average annual | 1.06% | N/A |
| Weekly media advert. rent | $345 | N/A |
| Time on Market | 57.9 days | N/A |
| Gross Rental Yield Percent | 5.83% | N/A |
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