The suburb’s capital gain of 7.45% for the past year is higher than average compared to its 14.77% growth within a five-year period.
Also in LONG GULLY, the median home price is sitting at $252,500, and the average rent at $275, this suggests property owners could potentially earn a 5.66% increase in gross rental yield.
Property investors have seen a 1% gain in LONG GULLY 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 3.72% growth over a ten-year period. It ranks 2252nd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $252,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1% | N/A |
| Median 12 month | 7.45% | N/A |
| Median 3 years | 2.64% | N/A |
| Median 5 years | 14.77% | N/A |
| 10 years average annual | 3.72% | N/A |
| Weekly media advert. rent | $275 | N/A |
| Time on Market | 102.9 days | N/A |
| Gross Rental Yield Percent | 5.66% | N/A |
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