Big opportunities for property investors in 2019, expert tips
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Based on its average 5-year and quarterly capital gains TATURA, 3616 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 TATURA, 3616 obtained a 1.88% growth over a ten-year period. It ranks 3187th on our list of suburbs that property investors should look into.
TATURA, 3616 in VIC belongs to the local government area of Greater Shepparton.
TATURA, 3616 has a capital gain of -2.95% for the past year, which is lower than average compared to its 27.78% growth within a five-year period.
With the median home price in TATURA sitting at $230,000, and the average rent at $275, property owners could potentially earn a 6.22% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in TATURA are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $230,000 | $192,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.34% | N/A |
| Median 12 month | -2.95% | N/A |
| Median 3 years | -3.36% | N/A |
| Median 5 years | 27.78% | N/A |
| 10 years average annual | 1.88% | N/A |
| Weekly media advert. rent | $275 | $220 |
| Time on Market | 115.6 days | 0.0 days |
| Gross Rental Yield Percent | 6.22% | 5.96% |
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