‘Stable’ population growth to bolster building activity
Consistent population growth is set to support building activity going forward, according to an industry economist. ...
The suburb’s capital gain of -18.46% for the past year is lower than average compared to its -26.39% growth within a five-year period.
Also in KALBARRI, the median home price is sitting at $265,000, and the average rent at $290, this suggests property owners could potentially earn a 5.69% increase in gross rental yield.
Property investors have seen a -11.37% drop in KALBARRI 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 -4% decrease over a ten-year period. It ranks 3993rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $265,000 | $125,000 |
| GROWTH REPORT | ||
| Median Quarterly | -11.37% | 3.31% |
| Median 12 month | -18.46% | -2.34% |
| Median 3 years | -14.52% | 4.17% |
| Median 5 years | -26.39% | N/A |
| 10 years average annual | -4% | 0.88% |
| Weekly media advert. rent | $290 | $235 |
| Time on Market | 114.2 days | 0.0 days |
| Gross Rental Yield Percent | 5.69% | 9.78% |
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