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 ...
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The suburb’s capital gain of -2.37% for the past year is lower than average compared to its 50% growth within a five-year period.
Also in MONTROSE, the median home price is sitting at $720,000, and the average rent at $430, this suggests property owners could potentially earn a 3.11% increase in gross rental yield.
Property investors have seen a 1.41% 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 6.4% growth over a ten-year period. It ranks 926th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $720,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.41% | N/A |
| Median 12 month | -2.37% | N/A |
| Median 3 years | 15.2% | N/A |
| Median 5 years | 50% | N/A |
| 10 years average annual | 6.4% | N/A |
| Weekly media advert. rent | $430 | N/A |
| Time on Market | 33.7 days | N/A |
| Gross Rental Yield Percent | 3.11% | N/A |
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