The biggest mistakes first-time investors can make
No matter if you are a first-time investor or a veteran in the market, there are some aspects of investing that are universal to all. Thatâ€...
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Figures from the previous quarter show that capital gains for real estate buyers in DEE WHY are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $850 based on current median home prices for the suburb.
On average, rents on listings have reached the $850 mark, reflecting a 2.73% increase in returns based on the current median price in DEE WHY.
DEE WHY, 2099 ranks 1283rd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1031st on the list of best yielding suburbs for rental properties in NSW, posting a 2.73% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,618,000 | $765,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.58% | 0% |
| Median 12 month | -11.1% | -5.56% |
| Median 3 years | 5.06% | 14.22% |
| Median 5 years | 72.98% | 42.99% |
| 10 years average annual | 7.58% | 6.87% |
| Weekly media advert. rent | $850 | $560 |
| Time on Market | 38.2 days | 49.4 days |
| Gross Rental Yield Percent | 2.73% | 3.81% |
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