‘Great buying opportunities’ for careful investors looking at new-builds
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...
The suburb’s capital gain of -7.11% for the past year is lower than average compared to its 26.46% growth within a five-year period.
Also in MAWSON, the median home price is sitting at $757,500, and the average rent at $595, this suggests property owners could potentially earn a 4.08% increase in gross rental yield.
Property investors have seen a -13.43% drop in MAWSON 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 4.05% growth over a ten-year period. It ranks 1901st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $757,500 | $474,250 |
| GROWTH REPORT | ||
| Median Quarterly | -13.43% | -5.86% |
| Median 12 month | -7.11% | 1.44% |
| Median 3 years | 9.78% | -2.62% |
| Median 5 years | 26.46% | 8.15% |
| 10 years average annual | 4.05% | 3.76% |
| Weekly media advert. rent | $595 | $390 |
| Time on Market | 99.5 days | 71.5 days |
| Gross Rental Yield Percent | 4.08% | 4.28% |
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