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 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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