The $8 billion tax cash splash and what it means for property values
Australians are cashing in on the federal government's tax cuts and handouts. Here's what it means for local markets. ...
This number can mean, real estate investors could earn a rental income of $1450 based on current median home prices for the suburb.
On average, rents on listings have reached the $1450 mark, reflecting a 3.47% increase in returns based on the current median price in MILLERS POINT.
MILLERS POINT, 2000 ranks 1390th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 662nd on the list of best yielding suburbs for rental properties in NSW, posting a 3.47% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,175,000 | $1,550,000 |
| GROWTH REPORT | ||
| Median Quarterly | -14.71% | 2.99% |
| Median 12 month | -16.35% | 12.73% |
| Median 3 years | -6.45% | 8% |
| Median 5 years | N/A | 68.94% |
| 10 years average annual | -0.4% | 5.5% |
| Weekly media advert. rent | $1450 | $1200 |
| Time on Market | 63.4 days | 57.2 days |
| Gross Rental Yield Percent | 3.47% | 4.03% |
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