Housing market reached turning point mid-2019
New research has supported the idea that Australia’s housing market “reached a turning point” midway through 2019. ...
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Property investors enjoyed capital gains of 17.09% over the last 12 months in WAVERTON, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 17.17% growth over a ten-year period. It ranks 2930th on our list of suburbs that property investors should look into.
WAVERTON, 2060 has a capital gain of 17.09% for the past year, which is lower than average compared to its 87.34% growth within a five-year period.
With the median home price in WAVERTON sitting at $3,278,535, and the average rent at $1025, property owners could potentially earn a 1.63% increase in gross rental yield.
A 17.09% increase in median property prices in WAVERTON, 2060 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 62nd.
Figures from the previous quarter show that capital gains for real estate buyers in WAVERTON are low, as opposed to average gains per annum over the past five years.
WAVERTON, 2060 in NSW belongs to the local government area of North Sydney (A).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $3,278,535 | $1,353,000 |
| GROWTH REPORT | ||
| Median Quarterly | 12.28% | 17.65% |
| Median 12 month | 17.09% | 26.45% |
| Median 3 years | 1.45% | 14.18% |
| Median 5 years | 87.34% | 53.75% |
| 10 years average annual | 17.17% | 7.97% |
| Weekly media advert. rent | $1025 | $650 |
| Time on Market | 0.0 days | 71.8 days |
| Gross Rental Yield Percent | 1.63% | 2.5% |
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