Government urged to provide stimulus for building sector
As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...
Subscribe to our newsletter
Based on its average 5-year and quarterly capital gains SPRING GULLY, 3550 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 SPRING GULLY, 3550 obtained a 2.38% growth over a ten-year period. It ranks 2740th on our list of suburbs that property investors should look into.
SPRING GULLY, 3550 in VIC belongs to the local government area of Greater Bendigo (C).
SPRING GULLY, 3550 has a capital gain of -4.99% for the past year, which is lower than average compared to its 8.57% growth within a five-year period.
With the median home price in SPRING GULLY sitting at $380,000, and the average rent at $350, property owners could potentially earn a 4.79% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SPRING GULLY are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $380,000 | $268,750 |
| GROWTH REPORT | ||
| Median Quarterly | -1.3% | 2.19% |
| Median 12 month | -4.99% | -2.27% |
| Median 3 years | 3.54% | 7.5% |
| Median 5 years | 8.57% | 9.69% |
| 10 years average annual | 2.38% | 7.56% |
| Weekly media advert. rent | $350 | $277.5 |
| Time on Market | 67.2 days | 72.7 days |
| Gross Rental Yield Percent | 4.79% | 5.37% |
As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...
A growing number of Australians are being forced to live in high-density apartments, which is having an impact on future prosperity and cohe...
A real estate group says some positive signs are beginning to emerge within Australia’s property market. ...
How is the Brisbane property market faring amid the “new normal” that resulted from the COVID-19 outbreak? ...
While social distancing regulations have begun to ease and the property market is showing glimpses of recovery, Right Property Group’s Vic...
While signs were pointing to the start of a housing market recovery for Perth earlier this year, the knock-on effects of COVID-19 have impac...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
