Also in NICKOL, the median home price is sitting at $270,000, and the average rent at $400, this suggests property owners could potentially earn a 7.7% increase in gross rental yield.
Property investors have seen a 0% gain in NICKOL 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 -3.61% decrease over a ten-year period. It ranks 3940th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-30.77%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||-3.61%||N/A|
|Weekly media advert. rent||$400||N/A|
|Time on Market||89.3 days||N/A|
|Gross Rental Yield Percent||7.7%||N/A|