Property investors have seen a -2.97% drop in RICHARDSON based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains RICHARDSON, 2905 saw average growth in the long term.
The ACT suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $490,000
Profits averaged 4.65% per annum over a 3-year period, due to an upward trend in home prices in RICHARDSON, 2905.
This means, real estate investors could earn a rental income of $482.5 based on current median home prices for the suburb.
The gross rental yield in RICHARDSON, 2905 is 5.12%.
An average of 3.08 real estate transactions take place per month in RICHARDSON which translates to 37 per annum.
This means, real estate investors could earn a rental income of $415 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In RICHARDSON, homes and units usually stay on listing for an average of 0.0 days.
the ACT suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $445,000
Investors saw the median home price rise to $445,000.
RICHARDSON ranks 50th on the list of best yielding suburbs for rental properties in ACT, posting a 4.85% return.
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