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 8% for the past year is higher than average compared to its 37.29% growth within a five-year period.
Also in RESERVOIR, the median home price is sitting at $810,000, and the average rent at $400, this suggests property owners could potentially earn a 2.57% increase in gross rental yield.
Property investors have seen a 0.9% gain in RESERVOIR 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 5.46% growth over a ten-year period. It ranks 1285th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8%||5.66%|
|Median 3 years||1.25%||11.22%|
|Median 5 years||37.29%||42.31%|
|10 years average annual||5.46%||4.85%|
|Weekly media advert. rent||$400||$375|
|Time on Market||61.4 days||60.0 days|
|Gross Rental Yield Percent||2.57%||3.48%|