The suburb’s capital gain of 8.49% for the past year is lower than average compared to its 51.04% growth within a five-year period.
Also in MONTROSE, the median home price is sitting at $658,000, and the average rent at $420, this suggests property owners could potentially earn a 3.32% increase in gross rental yield.
Property investors have seen a 5.28% gain in MONTROSE 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 8.57% growth over a ten-year period. It ranks 375th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $658,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 5.28% | N/A |
| Median 12 month | 8.49% | N/A |
| Median 3 years | 41.66% | N/A |
| Median 5 years | 51.04% | N/A |
| 10 years average annual | 8.57% | N/A |
| Weekly media advert. rent | $420 | N/A |
| Time on Market | 17.5 days | N/A |
| Gross Rental Yield Percent | 3.32% | N/A |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...