Property investment areas to watch and avoid in 2019
Based on her knowledge and experience as a property valuer, investment adviser, market commentator and author, one expert shares some of the...
The suburb’s capital gain of 1.45% for the past year is lower than average compared to its 80.13% growth within a five-year period.
Also in NORTH WAHROONGA, the median home price is sitting at $1,750,000, and the average rent at $1100, this suggests property owners could potentially earn a 3.27% increase in gross rental yield.
Property investors have seen a 4.48% gain in NORTH WAHROONGA based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.5% growth over a ten-year period. It ranks 753rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,750,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.48% | N/A |
| Median 12 month | 1.45% | N/A |
| Median 3 years | 25% | N/A |
| Median 5 years | 80.13% | N/A |
| 10 years average annual | 7.5% | N/A |
| Weekly media advert. rent | $1100 | N/A |
| Time on Market | 76.7 days | N/A |
| Gross Rental Yield Percent | 3.27% | N/A |
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