Property Market Update: Perth, May 2022
Perth continued to outperform its bigger capital counterparts in May, as the city closed up the autumn season with a sol...
Property investors have seen a 7.64% gain in NORTH RYDE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on NORTH RYDE, 2113 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 39.62%.
Based on its average 5-year and quarterly capital gains NORTH RYDE, 2113 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 $2,260,500
Profits averaged 16.57% per annum over a 3-year period, due to an upward trend in home prices in NORTH RYDE, 2113.
This means, real estate investors could earn a rental income of $732.5 based on current median home prices for the suburb.
The gross rental yield in NORTH RYDE, 2113 is 1.69%.
An average of 13.33 real estate transactions take place per month in NORTH RYDE which translates to 160 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||39.62%||2.05%|
|Median 3 years||49.7%||18.81%|
|Median 5 years||51.82%||-5.8%|
|10 years average annual||11.6%||2.52%|
|Weekly media advert. rent||$732.5||$500|
|Time on Market||50.2 days||59.9 days|
|Gross Rental Yield Percent||1.69%||3.27%|