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 SOUTH CARNARVON, 6701 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 SOUTH CARNARVON, 6701 obtained a -6.07% decrease over a ten-year period. It ranks 4098th on our list of suburbs that property investors should look into.
SOUTH CARNARVON, 6701 in WA belongs to the local government area of Carnarvon (S).
SOUTH CARNARVON, 6701 has a capital gain of 23.81% for the past year, which is higher than average compared to its -40.91% growth within a five-year period.
With the median home price in SOUTH CARNARVON sitting at $130,000, and the average rent at $300, property owners could potentially earn a 12% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SOUTH CARNARVON are high, as opposed to average gains per annum over the past five years.
A 23.81% increase in median property prices in SOUTH CARNARVON, 6701 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 42nd.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||23.81%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||-40.91%||N/A|
|10 years average annual||-6.07%||N/A|
|Weekly media advert. rent||$300||N/A|
|Time on Market||107.1 days||N/A|
|Gross Rental Yield Percent||12%||N/A|