Borrowers feel the pinch of 'really strict' lending rules
Former Queensland state premier, Anna Bligh, has hit out at the strict serviceability rules lenders have imposed on borrowers, arguing they ...
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 7.35% growth over a ten-year period. It ranks 863rd on our list of suburbs that property investors should look into.
PETERSHAM, 2049 has a capital gain of -11.97% for the past year, which is lower than average compared to its 51.53% growth within a five-year period.
With the median home price in PETERSHAM sitting at $1,360,000, and the average rent at $800, property owners could potentially earn a 3.06% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in PETERSHAM are low, as opposed to average gains per annum over the past five years.
PETERSHAM, 2049 in NSW belongs to the local government area of Inner West (A).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,360,000 | $700,000 |
| GROWTH REPORT | ||
| Median Quarterly | -7.07% | -9.44% |
| Median 12 month | -11.97% | -9.44% |
| Median 3 years | 2.64% | -0.71% |
| Median 5 years | 51.53% | 24.67% |
| 10 years average annual | 7.35% | 6.83% |
| Weekly media advert. rent | $800 | $492.5 |
| Time on Market | 47.8 days | 49.2 days |
| Gross Rental Yield Percent | 3.06% | 3.66% |
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