House Prices To Add Another 20% If Banks Don't Slam The Brakes
Chatter about the possible introduction of macro prudential controls to slow house price growth is increasing, while rep...
The suburb’s capital gain of 4.7% for the past year is lower than average compared to its 46.79% growth within a five-year period.
Also in SUNSHINE WEST, the median home price is sitting at $651,000, and the average rent at $360, this suggests property owners could potentially earn a 2.88% increase in gross rental yield.
Property investors have seen a 0.15% gain in SUNSHINE WEST based on an increase 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 5.29% growth over a ten-year period. It ranks 1394th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.7%||-2.02%|
|Median 3 years||6.2%||10.98%|
|Median 5 years||46.79%||34.91%|
|10 years average annual||5.29%||3.22%|
|Weekly media advert. rent||$360||$372.5|
|Time on Market||80.2 days||75.2 days|
|Gross Rental Yield Percent||2.88%||3.99%|