Property investors enjoyed capital gains of 15.59% over the last 12 months in PYRMONT, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 11.04% growth over a ten-year period. It ranks 3228th on our list of suburbs that property investors should look into.
With the median home price in PYRMONT sitting at $1,650,000, and the average rent at $750, property owners could potentially earn a 2.36% increase in gross rental yield.
PYRMONT, 2009 in NSW belongs to the local government area of Sydney.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||15.59%||5.82%|
|Median 3 years||50%||25.79%|
|Median 5 years||N/A||47.17%|
|10 years average annual||11.04%||8.15%|
|Weekly media advert. rent||$750||$750|
|Time on Market||0.0 days||62.7 days|
|Gross Rental Yield Percent||2.36%||3.9%|