Victoria Breaks Residential Property Price Records
According to the Real Estate Institute of Victoria's (REIV) September quarter report, Victoria's residential median prop...
Property investors enjoyed capital gains of 23.63% over the last 12 months in TERREY HILLS, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 8.87% growth over a ten-year period. It ranks 214th on our list of suburbs that property investors should look into.
TERREY HILLS, 2084 has a capital gain of 23.63% for the past year, which is higher than average compared to its 56% growth within a five-year period.
With the median home price in TERREY HILLS sitting at $2,145,000, and the average rent at $1200, property owners could potentially earn a 2.91% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in TERREY HILLS are high, as opposed to average gains per annum over the past five years.
TERREY HILLS, 2084 in NSW belongs to the local government area of Northern Beaches (A).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||23.63%||N/A|
|Median 3 years||33.23%||N/A|
|Median 5 years||56%||N/A|
|10 years average annual||8.87%||N/A|
|Weekly media advert. rent||$1200||N/A|
|Time on Market||93.3 days||N/A|
|Gross Rental Yield Percent||2.91%||N/A|