‘It’s a terrific time to be investing in commercial property’: Ray White
Ray White Commercial’s head of agency operations, Andrew Freeman, has shared how the commercial market is playing out for keen investors. ...
The suburb’s capital gain of -1.51% for the past year is higher than average compared to its -21.51% growth within a five-year period.
Also in YANCHEP, the median home price is sitting at $359,500, and the average rent at $320, this suggests property owners could potentially earn a 4.63% increase in gross rental yield.
Property investors have seen a 1.99% gain in YANCHEP 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 1.12% growth over a ten-year period. It ranks 3406th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $359,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.99% | N/A |
| Median 12 month | -1.51% | N/A |
| Median 3 years | -10.96% | N/A |
| Median 5 years | -21.51% | N/A |
| 10 years average annual | 1.12% | N/A |
| Weekly media advert. rent | $320 | N/A |
| Time on Market | 116.7 days | N/A |
| Gross Rental Yield Percent | 4.63% | N/A |
Ray White Commercial’s head of agency operations, Andrew Freeman, has shared how the commercial market is playing out for keen investors. ...
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