The suburb’s capital gain of -6.93% for the past year is lower than average compared to its 3.45% growth within a five-year period.
Also in QUINNS ROCKS, the median home price is sitting at $450,000, and the average rent at $350, this suggests property owners could potentially earn a 4.04% increase in gross rental yield.
Property investors have seen a 1.12% gain in QUINNS ROCKS 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 0.51% growth over a ten-year period. It ranks 3816th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-6.93%||N/A|
|Median 3 years||-10%||N/A|
|Median 5 years||3.45%||N/A|
|10 years average annual||0.51%||N/A|
|Weekly media advert. rent||$350||N/A|
|Time on Market||76.9 days||N/A|
|Gross Rental Yield Percent||4.04%||N/A|