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The suburb’s capital gain of 4.39% for the past year is lower than average compared to its 49.07% growth within a five-year period.
Also in BACCHUS MARSH, the median home price is sitting at $521,750, and the average rent at $380, this suggests property owners could potentially earn a 3.79% increase in gross rental yield.
Property investors have seen a 1.8% gain in BACCHUS MARSH based on an increase 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 5.45% growth over a ten-year period. It ranks 1370th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.39%||-10.99%|
|Median 3 years||24.97%||11.48%|
|Median 5 years||49.07%||19.3%|
|10 years average annual||5.45%||3.46%|
|Weekly media advert. rent||$380||$315|
|Time on Market||79.1 days||88.7 days|
|Gross Rental Yield Percent||3.79%||4.82%|