Menangle Park Could Be The Next South Western Sydney Success Story
For buyers willing to gamble on an early-stage release in an unknown suburb, the rewards might just outweigh the risks. ...
Based on its average 5-year and quarterly capital gains MILLBRIDGE, 6232 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that MILLBRIDGE, 6232 obtained a -0.18% decrease over a ten-year period. It ranks 4472nd on our list of suburbs that property investors should look into.
MILLBRIDGE, 6232 in WA belongs to the local government area of Dardanup (S).
MILLBRIDGE, 6232 has a capital gain of 1.16% for the past year, which is higher than average compared to its -2.25% growth within a five-year period.
With the median home price in MILLBRIDGE sitting at $435,000, and the average rent at $427.5, property owners could potentially earn a 5.11% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MILLBRIDGE are high, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.16%||N/A|
|Median 3 years||6.62%||N/A|
|Median 5 years||-2.25%||N/A|
|10 years average annual||-0.18%||N/A|
|Weekly media advert. rent||$427.5||N/A|
|Time on Market||94.4 days||N/A|
|Gross Rental Yield Percent||5.11%||N/A|