Canberra Now Boasts A 7-figure Median House Price
With double-digit growth and the steepest price acceleration in almost three decades, Canberra continues to dominate the...
Based on its average 5-year and quarterly capital gains DIMBOOLA, 3414 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that DIMBOOLA, 3414 obtained a 6.58% growth over a ten-year period. It ranks 903rd on our list of suburbs that property investors should look into.
DIMBOOLA, 3414 in VIC belongs to the local government area of Hindmarsh (S).
DIMBOOLA, 3414 has a capital gain of 28.98% for the past year, which is higher than average compared to its 37.39% growth within a five-year period.
With the median home price in DIMBOOLA sitting at $158,000, and the average rent at $220, property owners could potentially earn a 7.24% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in DIMBOOLA are low, as opposed to average gains per annum over the past five years.
A 28.98% increase in median property prices in DIMBOOLA, 3414 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 43rd.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||28.98%||N/A|
|Median 3 years||58%||N/A|
|Median 5 years||37.39%||N/A|
|10 years average annual||6.58%||N/A|
|Weekly media advert. rent||$220||N/A|
|Time on Market||64.0 days||N/A|
|Gross Rental Yield Percent||7.24%||N/A|