Property investors enjoyed capital gains of 1.96% over the last 12 months in DEE WHY, translating to lower returns compared with its peers in NSW.
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.
The suburb posted a 51.35% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $895 based on current median home prices for the suburb.
On average, rents on listings have reached the $895 mark, reflecting a 2.59% increase in returns based on the current median price in DEE WHY.
DEE WHY, 2099 ranks 1156th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 969th on the list of best yielding suburbs for rental properties in NSW, posting a 2.59% return.
Property investors have seen a -1.83% drop in DEE WHY based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains DEE WHY, 2099 saw average growth in the long term.
DEE WHY, 2099 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 $805,000.
Profits due to an upward trend in home prices in DEE WHY, 2099 averaged 11.24% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $550 based on current median home prices for the suburb.
The gross rental yield in DEE WHY, 2099 is 3.55%.
An average of 42.08 real estate transactions take place per month in DEE WHY which translates to 505 per annum.
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