‘Great buying opportunities’ for careful investors looking at new-builds
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...
The suburb’s capital gain of -2.6% for the past year is lower than average compared to its 1.08% growth within a five-year period.
Also in HEYFIELD, the median home price is sitting at $187,000, and the average rent at $245, this suggests property owners could potentially earn a 6.81% increase in gross rental yield.
Property investors have seen a 3.89% gain in HEYFIELD 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 3.26% growth over a ten-year period. It ranks 2269th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $187,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.89% | N/A |
| Median 12 month | -2.6% | N/A |
| Median 3 years | 1.08% | N/A |
| Median 5 years | 1.08% | N/A |
| 10 years average annual | 3.26% | N/A |
| Weekly media advert. rent | $245 | N/A |
| Time on Market | 132.2 days | N/A |
| Gross Rental Yield Percent | 6.81% | N/A |
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