The policies impacting property in the NSW state election
Property policies are a headline issue for the NSW state election, with voters going to the polls this weekend. Smart Property Investment ha...
A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 8.43% growth over a ten-year period. It ranks 316th on our list of suburbs that property investors should look into.
SCORESBY, 3179 has a capital gain of -10.38% for the past year, which is lower than average compared to its 54.9% growth within a five-year period.
With the median home price in SCORESBY sitting at $790,000, and the average rent at $430, property owners could potentially earn a 2.83% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SCORESBY are low, as opposed to average gains per annum over the past five years.
SCORESBY, 3179 in VIC belongs to the local government area of Knox (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $790,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -7.06% | N/A |
| Median 12 month | -10.38% | N/A |
| Median 3 years | 17.91% | N/A |
| Median 5 years | 54.9% | N/A |
| 10 years average annual | 8.43% | N/A |
| Weekly media advert. rent | $430 | N/A |
| Time on Market | 41.2 days | N/A |
| Gross Rental Yield Percent | 2.83% | N/A |
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