The Property Policies Both Major Parties Are Peddling
Today’s (21 May) the last day for Australians to vote in the federal election. Here, we’ll be recapping the major pr...
Based on its average 5-year and quarterly capital gains ORBOST, 3888 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that ORBOST, 3888 obtained a 4.81% growth over a ten-year period. It ranks 2412th on our list of suburbs that property investors should look into.
ORBOST, 3888 in VIC belongs to the local government area of East Gippsland (S).
ORBOST, 3888 has a capital gain of 3.26% for the past year, which is lower than average compared to its 48.44% growth within a five-year period.
With the median home price in ORBOST sitting at $237,500, and the average rent at $250, property owners could potentially earn a 5.47% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ORBOST are low, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.26%||N/A|
|Median 3 years||43.5%||N/A|
|Median 5 years||48.44%||N/A|
|10 years average annual||4.81%||N/A|
|Weekly media advert. rent||$250||N/A|
|Time on Market||72.4 days||N/A|
|Gross Rental Yield Percent||5.47%||N/A|