
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 3.12% for the past year is lower than average compared to its 22.52% growth within a five-year period.
Also in CLAYTON SOUTH, the median home price is sitting at $785,750, and the average rent at $432.5, this suggests property owners could potentially earn a 2.86% increase in gross rental yield.
Property investors have seen a -1.78% drop in CLAYTON SOUTH 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 4.59% growth over a ten-year period. It ranks 1755th on our list of suburbs that property investors should look into.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $785,750 | $560,000 |
GROWTH REPORT | ||
Median Quarterly | -1.78% | 6.95% |
Median 12 month | 3.12% | 10.67% |
Median 3 years | -2.39% | 18.26% |
Median 5 years | 22.52% | 23.08% |
10 years average annual | 4.59% | 3.43% |
Weekly media advert. rent | $432.5 | $400 |
Time on Market | 54.5 days | 107.6 days |
Gross Rental Yield Percent | 2.86% | 3.71% |