The suburb’s capital gain of -7.69% for the past year is lower than average compared to its 0% growth within a five-year period.
Also in MEDINA, the median home price is sitting at $240,000, and the average rent at $255, this suggests property owners could potentially earn a 5.53% increase in gross rental yield.
Property investors have seen a -2.04% drop in MEDINA 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 -1.27% decrease over a ten-year period. It ranks 4037th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-7.69%||N/A|
|Median 3 years||-14.89%||N/A|
|Median 5 years||0%||N/A|
|10 years average annual||-1.27%||N/A|
|Weekly media advert. rent||$255||N/A|
|Time on Market||97.2 days||N/A|
|Gross Rental Yield Percent||5.53%||N/A|