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Property investors have seen a -5.41% 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 $1,050,000
Profits averaged -4.17% 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 3.44%.
An average of 1.42 real estate transactions take place per month in SYDENHAM which translates to 17 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-8.93%||N/A|
|Median 3 years||-12.5%||N/A|
|Median 5 years||11.7%||N/A|
|10 years average annual||3.7%||N/A|
|Weekly media advert. rent||$695||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||3.44%||N/A|