Property News You Need To Know: The Week Ending 19 September
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Property investors enjoyed capital gains of 16.33% over the last 12 months in AVOCA, 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 6.87% growth over a ten-year period. It ranks 1027th on our list of suburbs that property investors should look into.
AVOCA, 3467 has a capital gain of 16.33% for the past year, which is higher than average compared to its 54.05% growth within a five-year period.
Figures from the previous quarter show that capital gains for real estate buyers in AVOCA are low, as opposed to average gains per annum over the past five years.
AVOCA, 3467 in VIC belongs to the local government area of Pyrenees (S).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||16.33%||N/A|
|Median 3 years||46.15%||N/A|
|Median 5 years||54.05%||N/A|
|10 years average annual||6.87%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||58.8 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|