Is the regional trend coming to an end?
The regional trend could be coming to an end as new figures reveal that monthly capital city price growth has outpaced regional price growth...
A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 2% growth over a ten-year period. It ranks 3162nd on our list of suburbs that property investors should look into.
EASTWOOD, 3875 has a capital gain of -3.27% for the past year, which is lower than average compared to its 20.91% growth within a five-year period.
With the median home price in EASTWOOD sitting at $399,000, and the average rent at $400, property owners could potentially earn a 5.21% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in EASTWOOD are low, as opposed to average gains per annum over the past five years.
EASTWOOD, 3875 in VIC belongs to the local government area of East Gippsland (S).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $399,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.48% | N/A |
| Median 12 month | -3.27% | N/A |
| Median 3 years | 5.56% | N/A |
| Median 5 years | 20.91% | N/A |
| 10 years average annual | 2% | N/A |
| Weekly media advert. rent | $400 | N/A |
| Time on Market | 65.8 days | N/A |
| Gross Rental Yield Percent | 5.21% | N/A |
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