Property investors enjoyed capital gains of 12.13% over the last 12 months in THOMSON, translating to lower returns compared with its peers in VIC.
A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 6.44% growth over a ten-year period. It ranks 1057th on our list of suburbs that property investors should look into.
THOMSON, 3219 has a capital gain of 12.13% for the past year, which is higher than average compared to its 19.16% growth within a five-year period.
With the median home price in THOMSON sitting at $342,000, and the average rent at $305, property owners could potentially earn a 4.64% increase in gross rental yield.
THOMSON, 3219 in VIC belongs to the local government area of Greater Geelong.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||12.13%||13.15%|
|Median 3 years||17.42%||N/A|
|Median 5 years||19.16%||12.42%|
|10 years average annual||6.44%||-5.29%|
|Weekly media advert. rent||$305||$300|
|Time on Market||63.2 days||80.3 days|
|Gross Rental Yield Percent||4.64%||4.48%|