How Will The Lockdown Extension Impact Property?
The Greater Sydney lockdown will continue for another four weeks, at least, meaning auctions will remain in the online ...
The suburb’s capital gain of 8.93% for the past year is higher than average compared to its -20% growth within a five-year period.
Also in CANNINGTON, the median home price is sitting at $366,000, and the average rent at $350, this suggests property owners could potentially earn a 4.97% increase in gross rental yield.
Property investors have seen a 1.67% gain in CANNINGTON 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 -0.2% decrease over a ten-year period. It ranks 3946th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.93%||-8.46%|
|Median 3 years||-10.18%||-19.59%|
|Median 5 years||-20%||-28.73%|
|10 years average annual||-0.2%||-2.48%|
|Weekly media advert. rent||$350||$345|
|Time on Market||60.9 days||57.8 days|
|Gross Rental Yield Percent||4.97%||6.03%|