The suburb’s capital gain of -1.89% for the past year is lower than average compared to its -9.4% growth within a five-year period.
Also in STRATFORD, the median home price is sitting at $260,000, and the average rent at $250, this suggests property owners could potentially earn a 5% increase in gross rental yield.
Property investors have seen a -5.97% drop in STRATFORD based on a decrease 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 3.21% growth over a ten-year period. It ranks 2498th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-1.89%||N/A|
|Median 3 years||0.58%||N/A|
|Median 5 years||-9.4%||N/A|
|10 years average annual||3.21%||N/A|
|Weekly media advert. rent||$250||N/A|
|Time on Market||133.9 days||N/A|
|Gross Rental Yield Percent||5%||N/A|