
House Prices To Add Another 20% If Banks Don’t Slam The Brakes
Chatter about the possible introduction of macro-prudential controls to slow house price growth is increasing, while rep...
The suburb’s capital gain of 5.15% for the past year is higher than average compared to its -25.52% growth within a five-year period.
Also in CANNINGTON, the median home price is sitting at $357,500, and the average rent at $350, this suggests property owners could potentially earn a 5.09% increase in gross rental yield.
Property investors have seen a 0.14% 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 -0.57% decrease over a ten-year period. It ranks 3749th on our list of suburbs that property investors should look into.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $357,500 | $295,500 |
GROWTH REPORT | ||
Median Quarterly | 0.14% | -2.88% |
Median 12 month | 5.15% | -10.45% |
Median 3 years | -10.63% | -20.14% |
Median 5 years | -25.52% | -28.71% |
10 years average annual | -0.57% | -2.51% |
Weekly media advert. rent | $350 | $330 |
Time on Market | 53.8 days | 79.7 days |
Gross Rental Yield Percent | 5.09% | 5.81% |