Menangle Park Could Be The Next South Western Sydney Success Story
For buyers willing to gamble on an early-stage release in an unknown suburb, the rewards might just outweigh the risks. ...
Property investors have seen a 0% gain in NORTHWOOD based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains NORTHWOOD, 2066 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 $3,300,000
Profits averaged 1.34% per annum over a 3-year period, due to an upward trend in home prices in NORTHWOOD, 2066.
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 NORTHWOOD, 2066 is 1.89%.
An average of 0.92 real estate transactions take place per month in NORTHWOOD which translates to 11 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-11.05%||N/A|
|Median 3 years||4.02%||N/A|
|Median 5 years||25.83%||N/A|
|10 years average annual||8.93%||N/A|
|Weekly media advert. rent||$1200||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||1.89%||N/A|