Menangle Park Could Be The Next South Western Sydney Success Story
For buyers willing to gamble on an early-stage release in an unknown suburb, the rewards might just outweigh the risks. ...
The suburb’s capital gain of 19.7% for the past year is higher than average compared to its 68.13% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in AVALON BEACH, the median home price is sitting at $2,400,000, and the average rent at $900, this suggests property owners could potentially earn a 1.95% increase in gross rental yield.
Property investors have seen a 4.35% gain in AVALON BEACH based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on AVALON BEACH, 2107 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 19.7%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 9.07% growth over a ten-year period. It ranks 87th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||19.7%||29.44%|
|Median 3 years||33.15%||17.74%|
|Median 5 years||68.13%||52.12%|
|10 years average annual||9.07%||8.31%|
|Weekly media advert. rent||$900||$550.5|
|Time on Market||72.4 days||86.6 days|
|Gross Rental Yield Percent||1.95%||2.75%|