Property investors have seen a 0% gain in NARRABUNDAH based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains NARRABUNDAH, 2604 saw average growth in the long term.
The ACT suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $900,000
Profits averaged 8.33% per annum over a 3-year period, due to an upward trend in home prices in NARRABUNDAH, 2604.
This means, real estate investors could earn a rental income of $550 based on current median home prices for the suburb.
The gross rental yield in NARRABUNDAH, 2604 is 3.18%.
An average of 4.67 real estate transactions take place per month in NARRABUNDAH which translates to 56 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.3%||13.29%|
|Median 3 years||25%||12.31%|
|Median 5 years||33.33%||15.49%|
|10 years average annual||5.65%||3.38%|
|Weekly media advert. rent||$550||$450|
|Time on Market||0.0 days||80.5 days|
|Gross Rental Yield Percent||3.18%||4.5%|