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The suburb’s capital gain of 0.79% for the past year is higher than average compared to its -8.57% growth within a five-year period.
Also in THE VINES, the median home price is sitting at $640,000, and the average rent at $470, this suggests property owners could potentially earn a 3.82% increase in gross rental yield.
Property investors have seen a 0% gain in THE VINES 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 1.3% growth over a ten-year period. It ranks 3336th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $640,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 0.79% | N/A |
| Median 3 years | -1.73% | N/A |
| Median 5 years | -8.57% | N/A |
| 10 years average annual | 1.3% | N/A |
| Weekly media advert. rent | $470 | N/A |
| Time on Market | 109.3 days | N/A |
| Gross Rental Yield Percent | 3.82% | N/A |
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