Property investors have seen a -7.05% drop in CAMMERAY based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains CAMMERAY, 2062 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 $2,161,000
Profits averaged 8.91% per annum over a 3-year period, due to an upward trend in home prices in CAMMERAY, 2062.
This means, real estate investors could earn a rental income of $1200 based on current median home prices for the suburb.
The gross rental yield in CAMMERAY, 2062 is 2.89%.
An average of 4.33 real estate transactions take place per month in CAMMERAY which translates to 52 per annum.
Property investments in CAMMERAY fare well against the rest of the country last year, registering a median home price increase of 21.96%.
Figures from the previous quarter show that capital gains for real estate buyers in CAMMERAY are low, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $625 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In CAMMERAY, homes and units usually stay on listing for an average of 31.1 days.
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 $1,227,500
Investors saw the median home price rise to $1,227,500.
CAMMERAY ranks 570th on the list of best yielding suburbs for rental properties in NSW, posting a 2.65% return.
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