Property Investors Locking-in Their Gains While Rental Yields Are ‘historically’ High
Data suggests that investors are moving to consolidate their profits while they can. ...
Property investors have seen a 0% gain in SYDENHAM based on an increase 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 -4.11% 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 $675 based on current median home prices for the suburb.
The gross rental yield in SYDENHAM, 2044 is 3.34%.
An average of 1.58 real estate transactions take place per month in SYDENHAM which translates to 19 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-12.5%||N/A|
|Median 3 years||-12.32%||N/A|
|Median 5 years||-0.47%||N/A|
|10 years average annual||5.68%||N/A|
|Weekly media advert. rent||$675||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||3.34%||N/A|