The suburb’s capital gain of 8% for the past year is higher than average compared to its 11.34% growth within a five-year period.
Also in INGLEWOOD, the median home price is sitting at $810,000, and the average rent at $480, this suggests property owners could potentially earn a 3.08% increase in gross rental yield.
Property investors have seen a 0% 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 2.05% growth over a ten-year period. It ranks 3110th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8%||-9.84%|
|Median 3 years||1.25%||11.27%|
|Median 5 years||11.34%||8.31%|
|10 years average annual||2.05%||2.5%|
|Weekly media advert. rent||$480||$300|
|Time on Market||68.3 days||96.8 days|
|Gross Rental Yield Percent||3.08%||3.74%|