How Much Of The Housing Market Can You Afford?
Aussies can no longer rely on their incomes and savings alone to fund a property purchase, as prices soar and incomes st...
The suburb’s capital gain of 8.7% for the past year is lower than average compared to its 58.73% growth within a five-year period.
Also in WARRAGUL, the median home price is sitting at $500,000, and the average rent at $395, this suggests property owners could potentially earn a 4.11% increase in gross rental yield.
Property investors have seen a 2.67% gain in WARRAGUL 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 5.83% growth over a ten-year period. It ranks 1153rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.7%||2.5%|
|Median 3 years||34.68%||11.19%|
|Median 5 years||58.73%||47.75%|
|10 years average annual||5.83%||4.25%|
|Weekly media advert. rent||$395||$300|
|Time on Market||78.3 days||73.9 days|
|Gross Rental Yield Percent||4.11%||4.76%|