Property investors enjoyed capital gains of 10.29% over the last 12 months in MAROUBRA, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in MAROUBRA are low, as opposed to average gains per annum over the past five years.
The suburb posted a 44.74% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $950 based on current median home prices for the suburb.
On average, rents on listings have reached the $950 mark, reflecting a 2.4% increase in returns based on the current median price in MAROUBRA.
MAROUBRA, 2035 ranks 614th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1040th on the list of best yielding suburbs for rental properties in NSW, posting a 2.4% return.
Property investors have seen a -1.8% drop in MAROUBRA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MAROUBRA, 2035 saw average growth in the long term.
MAROUBRA, 2035 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 $901,000.
Profits due to an upward trend in home prices in MAROUBRA, 2035 averaged 8.45% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $620 based on current median home prices for the suburb.
The gross rental yield in MAROUBRA, 2035 is 3.58%.
An average of 18.33 real estate transactions take place per month in MAROUBRA which translates to 220 per annum.
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