Also in NICKOL, the median home price is sitting at $300,000, and the average rent at $420, this suggests property owners could potentially earn a 7.28% increase in gross rental yield.
Property investors have seen a 9.09% 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 -4.11% decrease over a ten-year period. It ranks 3891st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-6.25%||N/A|
|Median 3 years||-39.88%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||-4.11%||N/A|
|Weekly media advert. rent||$420||N/A|
|Time on Market||83.6 days||N/A|
|Gross Rental Yield Percent||7.28%||N/A|