Registration cancelled for dodgy builder
Property investors have been given a timely reminder to check the credentials of their builders following reports of falsifying claims. ...
The suburb’s capital gain of -8.21% for the past year is lower than average compared to its -18.82% growth within a five-year period.
Also in CANNINGTON, the median home price is sitting at $358,000, and the average rent at $335, this suggests property owners could potentially earn a 4.87% increase in gross rental yield.
Property investors have seen a 2.29% 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 0.16% growth over a ten-year period. It ranks 3325th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $358,000 | $337,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.29% | 2.28% |
| Median 12 month | -8.21% | 3.06% |
| Median 3 years | -16.74% | -17.1% |
| Median 5 years | -18.82% | -15.75% |
| 10 years average annual | 0.16% | 0.34% |
| Weekly media advert. rent | $335 | $330 |
| Time on Market | 103.5 days | 129.3 days |
| Gross Rental Yield Percent | 4.87% | 5.09% |
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