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 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%|