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Property investors have seen a -4.54% drop in SYDENHAM based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SYDENHAM, 2044 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 $1,115,000
Profits averaged -2.92% per annum over a 3-year period, due to an downward trend in home prices in SYDENHAM, 2044.
This means, real estate investors could earn a rental income of $695 based on current median home prices for the suburb.
The gross rental yield in SYDENHAM, 2044 is 3.24%.
An average of 1.5 real estate transactions take place per month in SYDENHAM which translates to 18 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,115,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -4.54% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | -8.76% | N/A |
| Median 5 years | 20.05% | N/A |
| 10 years average annual | 6.64% | N/A |
| Weekly media advert. rent | $695 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 3.24% | N/A |
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