PM fears impact of migration slide on residential sector
Prime Minister Scott Morrison has acknowledged the threat that a COVID-induced decline in migration could pose to residential property marke...
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The suburb’s capital gain of -5.42% for the past year is lower than average compared to its -10.8% growth within a five-year period.
Also in BULLSBROOK, the median home price is sitting at $392,500, and the average rent at $350, this suggests property owners could potentially earn a 4.64% increase in gross rental yield.
Property investors have seen a -1.88% drop in BULLSBROOK based on a decrease 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 1.19% growth over a ten-year period. It ranks 3379th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $392,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.88% | N/A |
| Median 12 month | -5.42% | N/A |
| Median 3 years | -25.24% | N/A |
| Median 5 years | -10.8% | N/A |
| 10 years average annual | 1.19% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 138.8 days | N/A |
| Gross Rental Yield Percent | 4.64% | N/A |
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