The suburb’s capital gain of -6.67% for the past year is lower than average compared to its -4.03% growth within a five-year period.
Also in MEDINA, the median home price is sitting at $238,000, and the average rent at $250, this suggests property owners could potentially earn a 5.46% increase in gross rental yield.
Property investors have seen a 3.03% gain in MEDINA 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 -0.91% decrease over a ten-year period. It ranks 4087th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-6.67%||N/A|
|Median 3 years||-15%||N/A|
|Median 5 years||-4.03%||N/A|
|10 years average annual||-0.91%||N/A|
|Weekly media advert. rent||$250||N/A|
|Time on Market||100.8 days||N/A|
|Gross Rental Yield Percent||5.46%||N/A|