Australian home sizes at 22-year low
New data from the ABS has highlighted the decline of the average new-home size, which is at its smallest level since 1996. ...
Property investors have seen a 2.4% gain in CAMMERAY based on an increase 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 $2,350,000
Profits averaged 9.47% 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 2.66%.
An average of 4.42 real estate transactions take place per month in CAMMERAY which translates to 53 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,350,000 | $1,235,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.4% | 0.41% |
| Median 12 month | 2.17% | 7.39% |
| Median 3 years | 28.42% | 39.15% |
| Median 5 years | 61.96% | 78.99% |
| 10 years average annual | 6.22% | 8.67% |
| Weekly media advert. rent | $1200 | $625 |
| Time on Market | 59.5 days | 33.8 days |
| Gross Rental Yield Percent | 2.66% | 2.63% |
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