Aussie Sellers See Highest Level Of Profitability In A Decade
Aussie property vendors are now making $270,000, on average, for every sale, according to a recent study. ...
The suburb’s capital gain of -6.02% for the past year is lower than average compared to its 14.71% growth within a five-year period.
Also in BALMAIN EAST, the median home price is sitting at $2,925,000, and the average rent at $1050, this suggests property owners could potentially earn a 1.87% increase in gross rental yield.
Property investors have seen a -10% drop in BALMAIN EAST based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.19% growth over a ten-year period. It ranks 1693rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-6.02%||-5.74%|
|Median 3 years||-5.65%||6.23%|
|Median 5 years||14.71%||42.77%|
|10 years average annual||6.19%||9.55%|
|Weekly media advert. rent||$1050||$600|
|Time on Market||0.0 days||0.0 days|
|Gross Rental Yield Percent||1.87%||2.33%|