Property investors enjoyed capital gains of 0.97% over the last 12 months in CALIFORNIA GULLY, 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 4.1% growth over a ten-year period. It ranks 1848th on our list of suburbs that property investors should look into.
CALIFORNIA GULLY, 3556 has a capital gain of 0.97% for the past year, which is lower than average compared to its 6.34% growth within a five-year period.
With the median home price in CALIFORNIA GULLY sitting at $260,000, and the average rent at $270, property owners could potentially earn a 5.4% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in CALIFORNIA GULLY are high, as opposed to average gains per annum over the past five years.
CALIFORNIA GULLY, 3556 in VIC belongs to the local government area of Greater Bendigo.