What does 2020 have in store for property investors
Following a year of two halves, 2020 could be a strong one for property investors if they look at the data, an industry expert has suggested...
The suburb’s capital gain of 0% for the past year is higher than average compared to its -21.36% growth within a five-year period.
Also in KALBARRI, the median home price is sitting at $265,000, and the average rent at $295, this suggests property owners could potentially earn a 5.79% increase in gross rental yield.
Property investors have seen a 6% gain in KALBARRI 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 -3.48% decrease over a ten-year period. It ranks 3844th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $265,000 | $152,500 |
| GROWTH REPORT | ||
| Median Quarterly | 6% | 8.93% |
| Median 12 month | 0% | 18.22% |
| Median 3 years | -20.9% | 5.17% |
| Median 5 years | -21.36% | -4.69% |
| 10 years average annual | -3.48% | 0.11% |
| Weekly media advert. rent | $295 | $240 |
| Time on Market | 88.8 days | 0.0 days |
| Gross Rental Yield Percent | 5.79% | 8.18% |
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