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1 MIN READHouse Prices Push Average Australian’s Wealth Even Higher In 2022
Despite worries of a housing downturn, Australians’ wealth actually increased 1.2 per cent on average in the first qua...
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Millers PointMillers Point - SUBURB PROFILE REPORT
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Property investors have seen a 0% gain in MILLERS POINT based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MILLERS POINT, 2000 saw average growth in the long term.
MILLERS POINT, 2000 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 $1,900,000.
Profits due to an upward trend in home prices in MILLERS POINT, 2000 averaged 7.14% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $781.25 based on current median home prices for the suburb.
The gross rental yield in MILLERS POINT, 2000 is 2.14%.
An average of 1.92 real estate transactions take place per month in MILLERS POINT which translates to 23 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $1,900,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 0% |
| Median 12 month | N/A | -1.04% |
| Median 3 years | N/A | 21.41% |
| Median 5 years | N/A | 5.85% |
| 10 years average annual | N/A | 13.2% |
| Weekly media advert. rent | N/A | $781.25 |
| Time on Market | N/A | 71.3 days |
| Gross Rental Yield Percent | N/A | 2.14% |
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