How Much Of The Housing Market Can You Afford?
Aussies can no longer rely on their incomes and savings alone to fund a property purchase, as prices soar and incomes st...
The suburb’s capital gain of 5.62% for the past year is lower than average compared to its 49.86% growth within a five-year period.
Also in BROADMEADOWS, the median home price is sitting at $554,500, and the average rent at $350, this suggests property owners could potentially earn a 3.28% increase in gross rental yield.
Property investors have seen a -0.09% drop in BROADMEADOWS 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 4.7% growth over a ten-year period. It ranks 1780th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.62%||5.06%|
|Median 3 years||0.82%||14.48%|
|Median 5 years||49.86%||38.33%|
|10 years average annual||4.7%||2.56%|
|Weekly media advert. rent||$350||$352.5|
|Time on Market||99.4 days||91.9 days|
|Gross Rental Yield Percent||3.28%||4.42%|