Melbourne makes comeback with auction resurgence
The December quarter saw auction volumes rise in combined capital city markets, with the bulk of the uplift attributed to Melbourne. ...
Property investors in EASTGARDENS enjoyed capital gains of 2.46% over the last 12 months translating to lower returns compared with its peers in the territory.
Real estate investors could earn a rental income of $685 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $685 mark, reflecting a 4.07% increase in returns based on the current median price in EASTGARDENS.
EASTGARDENS, 2036 ranks 313th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
EASTGARDENS ranks 207th on the list of best yielding suburbs for rental properties in NSW, posting a 4.07% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $876,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | -0.45% |
| Median 12 month | N/A | 2.46% |
| Median 3 years | N/A | -22.96% |
| Median 5 years | N/A | N/A |
| 10 years average annual | N/A | -6.33% |
| Weekly media advert. rent | N/A | $685 |
| Time on Market | N/A | 0.0 days |
| Gross Rental Yield Percent | N/A | 4.07% |
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