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A new research showed that it is becoming increasingly common for beginner investors to dive into the market “withou...
The 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 $1,870,000.
Average median unit prices in NSW have risen as a whole, pulling HUNTLEYS COVE, 2111 values up and netting property investors a capital gain of 20.65% for the past year.
Investors saw the median home price rise to $1,870,000.
The upward trend in home prices in HUNTLEYS COVE, 2111 averaged 2.48% per annum over a 3-year period.
HUNTLEYS COVE now ranks at the 282nd place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in HUNTLEYS COVE are low, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $635 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In HUNTLEYS COVE, homes and units usually stay on listing for an average of 0 days.
10 properties were sold in HUNTLEYS COVE in 2016, making it the 651st most active market in NSW based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||20.65%|
|Median 3 years||N/A||7.44%|
|Median 5 years||N/A||36%|
|10 years average annual||N/A||8.66%|
|Weekly media advert. rent||N/A||$635|
|Time on Market||N/A||N/A|
|Gross Rental Yield Percent||N/A||1.77%|