Property to regain momentum following health crisis
Strong property price growth before the outbreak of COVID-19 gives investors a snapshot of what market conditions will be like once the pand...
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Property investors have seen a -0.18% drop in TENNYSON POINT based on a decrease in median home prices for the past three months.
Homeowners and real estate investors betting on TENNYSON POINT, 2111 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 13.08%.
Based on its average 5-year and quarterly capital gains TENNYSON POINT, 2111 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 $2,820,000
Profits averaged 2.96% per annum over a 3-year period, due to an upward trend in home prices in TENNYSON POINT, 2111.
This means, real estate investors could earn a rental income of $1100 based on current median home prices for the suburb.
The gross rental yield in TENNYSON POINT, 2111 is 2.03%.
An average of 1.67 real estate transactions take place per month in TENNYSON POINT which translates to 20 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,820,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.18% | N/A |
| Median 12 month | 13.08% | N/A |
| Median 3 years | 8.88% | N/A |
| Median 5 years | 48.19% | N/A |
| 10 years average annual | 11.8% | N/A |
| Weekly media advert. rent | $1100 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 2.03% | N/A |
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