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Property investors have seen a -4.81% drop in ELANORA HEIGHTS based on a decrease in median home prices for the past three months.
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 $1,532,500
Profits averaged 4.51% 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 $900 based on current median home prices for the suburb.
The gross rental yield in ELANORA HEIGHTS, 2101 is 3.05%.
An average of 4.75 real estate transactions take place per month in ELANORA HEIGHTS which translates to 57 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-10.12%||N/A|
|Median 3 years||13.52%||N/A|
|Median 5 years||58.48%||N/A|
|10 years average annual||6.48%||N/A|
|Weekly media advert. rent||$900||N/A|
|Time on Market||58.1 days||N/A|
|Gross Rental Yield Percent||3.05%||N/A|
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