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The suburb’s capital gain of -1.7% for the past year is lower than average compared to its -5.18% growth within a five-year period.
Also in SHENTON PARK, the median home price is sitting at $1,126,000, and the average rent at $635, this suggests property owners could potentially earn a 2.93% increase in gross rental yield.
Property investors have seen a -0.04% drop in SHENTON PARK 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 2.15% growth over a ten-year period. It ranks 2852nd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,126,000 | $430,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.04% | -3.37% |
| Median 12 month | -1.7% | -30.08% |
| Median 3 years | -12.03% | -11.34% |
| Median 5 years | -5.18% | -10.42% |
| 10 years average annual | 2.15% | 1.39% |
| Weekly media advert. rent | $635 | $360 |
| Time on Market | 44.2 days | 60.4 days |
| Gross Rental Yield Percent | 2.93% | 4.35% |
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