‘Stable’ population growth to bolster building activity
Consistent population growth is set to support building activity going forward, according to an industry economist. ...
The suburb’s capital gain of 0.88% for the past year is lower than average compared to its 6.49% growth within a five-year period.
Also in SOUTH GUILDFORD, the median home price is sitting at $516,500, and the average rent at $400, this suggests property owners could potentially earn a 4.03% increase in gross rental yield.
Property investors have seen a 0.78% gain in SOUTH GUILDFORD 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 3.27% growth over a ten-year period. It ranks 2340th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $516,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.78% | N/A |
| Median 12 month | 0.88% | N/A |
| Median 3 years | 2.28% | N/A |
| Median 5 years | 6.49% | N/A |
| 10 years average annual | 3.27% | N/A |
| Weekly media advert. rent | $400 | N/A |
| Time on Market | 93.1 days | N/A |
| Gross Rental Yield Percent | 4.03% | N/A |
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