Why commercial is the new residential
Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...
The suburb’s capital gain of 7.5% for the past year is higher than average compared to its -12.24% growth within a five-year period.
Also in BULLSBROOK, the median home price is sitting at $430,000, and the average rent at $380, this suggests property owners could potentially earn a 4.6% increase in gross rental yield.
Property investors have seen a 3.61% gain in BULLSBROOK 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 0.67% growth over a ten-year period. It ranks 3650th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $430,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.61% | N/A |
| Median 12 month | 7.5% | N/A |
| Median 3 years | -14.85% | N/A |
| Median 5 years | -12.24% | N/A |
| 10 years average annual | 0.67% | N/A |
| Weekly media advert. rent | $380 | N/A |
| Time on Market | 109.5 days | N/A |
| Gross Rental Yield Percent | 4.6% | N/A |
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