The suburb’s capital gain of -24.05% for the past year is lower than average compared to its -21.74% growth within a five-year period.
Also in NULSEN, the median home price is sitting at $135,000, and the average rent at $230, this suggests property owners could potentially earn a 8.86% increase in gross rental yield.
Property investors have seen a -15.63% drop in NULSEN 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 -1.89% decrease over a ten-year period. It ranks 3998th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-24.05%||N/A|
|Median 3 years||-21.05%||N/A|
|Median 5 years||-21.74%||N/A|
|10 years average annual||-1.89%||N/A|
|Weekly media advert. rent||$230||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||8.86%||N/A|