How Will The Budget Impact The Housing Market?
While the 2021 budget included a number of measures relevant to property investors, an expert has questioned whether any...
The suburb’s capital gain of 6.41% for the past year is higher than average compared to its -3.38% growth within a five-year period.
Also in SAFETY BAY, the median home price is sitting at $415,000, and the average rent at $340, this suggests property owners could potentially earn a 4.26% increase in gross rental yield.
Property investors have seen a 2.47% gain in SAFETY BAY 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 0.86% growth over a ten-year period. It ranks 3023rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.41%||N/A|
|Median 3 years||5.73%||N/A|
|Median 5 years||-3.38%||N/A|
|10 years average annual||0.86%||N/A|
|Weekly media advert. rent||$340||N/A|
|Time on Market||66.7 days||N/A|
|Gross Rental Yield Percent||4.26%||N/A|