Federal Election Results Revealed: What It Means For Investors
Australia has voted. Looking forward, here are the policies property purchasers, home owners, and investors can expect...
Property investors have seen a 4.19% gain in ELANORA HEIGHTS based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on ELANORA HEIGHTS, 2101 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 32.81%.
Based on its average 5-year and quarterly capital gains ELANORA HEIGHTS, 2101 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 $2,550,000
Profits averaged 22.95% per annum over a 3-year period, due to an upward trend in home prices in ELANORA HEIGHTS, 2101.
This means, real estate investors could earn a rental income of $1150 based on current median home prices for the suburb.
The gross rental yield in ELANORA HEIGHTS, 2101 is 2.35%.
An average of 5 real estate transactions take place per month in ELANORA HEIGHTS which translates to 60 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||32.81%||N/A|
|Median 3 years||68.85%||N/A|
|Median 5 years||64.52%||N/A|
|10 years average annual||11.91%||24.44%|
|Weekly media advert. rent||$1150||$580|
|Time on Market||34.3 days||0.0 days|
|Gross Rental Yield Percent||2.35%||2.83%|