20 Perth Suburbs That Have Already Surpassed Expert Predictions
The REIWA’s earlier forecasts for Perth’s property market are on track to be exceeded, with 20 suburbs recording bet...
Property investments in HAYMARKET did not fare well against the rest of the country last year, registering a median home price decrease of -24.52%.
Figures from the previous quarter show that capital gains for real estate buyers in HAYMARKET are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains HAYMARKET, 2000 saw average decrease in the long term.
This means, real estate investors could earn a rental income of $660 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 HAYMARKET, homes and units usually stay on listing for an average of 112.9 days.
the NSW 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 $897,500
Investors saw the median home price rise to $897,500.
HAYMARKET ranks 176th on the list of best yielding suburbs for rental properties in NSW, posting a 3.82% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||-24.52%|
|Median 3 years||N/A||-14.52%|
|Median 5 years||N/A||-24.58%|
|10 years average annual||N/A||4.64%|
|Weekly media advert. rent||N/A||$660|
|Time on Market||N/A||112.9 days|
|Gross Rental Yield Percent||N/A||3.82%|