Liverpool CBD hot for commercial property
New research coming out of Ray White has highlighted a surge in strong investor and developer activity taking place in Liverpool’s CBD mar...
The suburb’s capital gain of -6.5% for the past year is lower than average compared to its -0.9% growth within a five-year period.
Also in SHENTON PARK, the median home price is sitting at $1,150,000, and the average rent at $620, this suggests property owners could potentially earn a 2.8% increase in gross rental yield.
Property investors have seen a 6.98% gain in SHENTON PARK 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 3.13% growth over a ten-year period. It ranks 2393rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,150,000 | $465,000 |
| GROWTH REPORT | ||
| Median Quarterly | 6.98% | -15.45% |
| Median 12 month | -6.5% | -29.01% |
| Median 3 years | -5.74% | -11.43% |
| Median 5 years | -0.9% | -7.65% |
| 10 years average annual | 3.13% | 2.51% |
| Weekly media advert. rent | $620 | $350 |
| Time on Market | 49.1 days | 73.2 days |
| Gross Rental Yield Percent | 2.8% | 3.91% |
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