Homeowners and real estate investors betting on WAVERLEY, 2024 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 13.56%.
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 $2,387,500
Profits averaged 16.41% 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 $1097.5 based on current median home prices for the suburb.
The gross rental yield in WAVERLEY, 2024 is 2.39%.
An average of 3.08 real estate transactions take place per month in WAVERLEY which translates to 37 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,387,500 | $1,065,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 4.05% |
| Median 12 month | 13.56% | 22.41% |
| Median 3 years | 49.22% | 77.5% |
| Median 5 years | 91% | 90.18% |
| 10 years average annual | 9.55% | 8.42% |
| Weekly media advert. rent | $1097.5 | $680 |
| Time on Market | 57.1 days | 0.0 days |
| Gross Rental Yield Percent | 2.39% | 3.32% |
There is a threshold for the land value...
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