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Property investors have seen a 2.15% gain in WAVERLEY based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WAVERLEY, 2024 saw average growth in the long term.
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 $2,490,000
Profits averaged 7.88% per annum over a 3-year period, due to an upward trend in home prices in WAVERLEY, 2024.
This means, real estate investors could earn a rental income of $1325 based on current median home prices for the suburb.
The gross rental yield in WAVERLEY, 2024 is 2.77%.
An average of 3.75 real estate transactions take place per month in WAVERLEY which translates to 45 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,490,000 | $800,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.15% | -2.2% |
| Median 12 month | 2.47% | -4.08% |
| Median 3 years | 23.63% | 7.02% |
| Median 5 years | 79.52% | 26.98% |
| 10 years average annual | 7.48% | 7.17% |
| Weekly media advert. rent | $1325 | $680 |
| Time on Market | 41.3 days | 44.1 days |
| Gross Rental Yield Percent | 2.77% | 4.42% |
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