Why commercial is the new residential
Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...
Based on its average 5-year and quarterly capital gains WATTLE GLEN, 3096 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 WATTLE GLEN, 3096 obtained a 6.67% growth over a ten-year period. It ranks 651st on our list of suburbs that property investors should look into.
WATTLE GLEN, 3096 in VIC belongs to the local government area of Nillumbik (S).
WATTLE GLEN, 3096 has a capital gain of 14.52% for the past year, which is higher than average compared to its 64.35% growth within a five-year period.
Figures from the previous quarter show that capital gains for real estate buyers in WATTLE GLEN are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $887,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.83% | N/A |
| Median 12 month | 14.52% | N/A |
| Median 3 years | 34.37% | N/A |
| Median 5 years | 64.35% | N/A |
| 10 years average annual | 6.67% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 33.1 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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