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The suburb’s capital gain of 1.39% for the past year is higher than average compared to its 2.63% growth within a five-year period.
Also in INGLEWOOD, the median home price is sitting at $820,000, and the average rent at $480, this suggests property owners could potentially earn a 3.04% increase in gross rental yield.
Property investors have seen a 5.47% gain in INGLEWOOD 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 2.58% growth over a ten-year period. It ranks 2688th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.39%||-10.51%|
|Median 3 years||7.54%||-6.54%|
|Median 5 years||2.63%||-4.41%|
|10 years average annual||2.58%||0.1%|
|Weekly media advert. rent||$480||$310|
|Time on Market||57.1 days||96.7 days|
|Gross Rental Yield Percent||3.04%||4.51%|
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