The suburb’s capital gain of 9.09% for the past year is higher than average compared to its 26.32% growth within a five-year period.
Also in HEALESVILLE, the median home price is sitting at $480,000, and the average rent at $370, this suggests property owners could potentially earn a 4.01% increase in gross rental yield.
Property investors have seen a 2.13% gain in HEALESVILLE 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 5.6% growth over a ten-year period. It ranks 1350th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $480,000 | $398,050 |
| GROWTH REPORT | ||
| Median Quarterly | 2.13% | N/A |
| Median 12 month | 9.09% | 6.15% |
| Median 3 years | 26.32% | 14.55% |
| Median 5 years | 26.32% | 24% |
| 10 years average annual | 5.6% | 6.9% |
| Weekly media advert. rent | $370 | $342.5 |
| Time on Market | 45.0 days | 39.2 days |
| Gross Rental Yield Percent | 4.01% | 4.47% |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...