Is it time to invest regionally?
Despite much of the real estate focus being on Sydney and Melbourne, regional Australia is performing just as well, a property researcher ha...
Property investors have seen a -2.21% 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 $2,215,000
Profits averaged -3.65% per annum over a 3-year period, due to an downward 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 2.82%.
An average of 3 real estate transactions take place per month in CAMMERAY which translates to 36 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,215,000 | $925,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.21% | -4.15% |
| Median 12 month | -3.7% | -25.1% |
| Median 3 years | -10.95% | 2.49% |
| Median 5 years | 37.15% | 23.33% |
| 10 years average annual | 7.71% | 6.32% |
| Weekly media advert. rent | $1200 | $620 |
| Time on Market | 79.7 days | 78.5 days |
| Gross Rental Yield Percent | 2.82% | 3.49% |
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