Figures from the previous quarter show that capital gains for real estate buyers in METUNG are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $297.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $297.5 mark, reflecting a 4.65% increase in returns based on the current median price in METUNG.
METUNG, 3904 ranks 673rd in VIC in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 136th on the list of best yielding suburbs for rental properties in VIC, posting a 4.65% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-7.5%||N/A|
|Median 3 years||9.18%||1%|
|Median 5 years||-4.86%||N/A|
|10 years average annual||4.08%||N/A|
|Weekly media advert. rent||$297.5||N/A|
|Time on Market||150.8 days||0.0 days|
|Gross Rental Yield Percent||4.65%||N/A|