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 8.33% for the past year is higher than average compared to its 14.52% growth within a five-year period.
Also in RYDALMERE, the median home price is sitting at $1,202,500, and the average rent at $525, this suggests property owners could potentially earn a 2.27% increase in gross rental yield.
Property investors have seen a 1.91% gain in RYDALMERE based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.88% growth over a ten-year period. It ranks 313th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.33%||-2.05%|
|Median 3 years||-2.63%||-1.53%|
|Median 5 years||14.52%||-10.42%|
|10 years average annual||7.88%||3.35%|
|Weekly media advert. rent||$525||$450|
|Time on Market||49.1 days||34.9 days|
|Gross Rental Yield Percent||2.27%||3.63%|