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As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...
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Property investors have seen a 4.86% gain in DUNDAS based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains DUNDAS, 2117 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 $1,111,500
Profits averaged 0.81% per annum over a 3-year period, due to an upward trend in home prices in DUNDAS, 2117.
This means, real estate investors could earn a rental income of $595 based on current median home prices for the suburb.
The gross rental yield in DUNDAS, 2117 is 2.78%.
An average of 3.75 real estate transactions take place per month in DUNDAS which translates to 45 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,111,500 | $650,000 |
| GROWTH REPORT | ||
| Median Quarterly | 4.86% | 0.78% |
| Median 12 month | -5.4% | 0.93% |
| Median 3 years | 2.44% | -8.45% |
| Median 5 years | 30.76% | 18.18% |
| 10 years average annual | 8.62% | 4.39% |
| Weekly media advert. rent | $595 | $495 |
| Time on Market | 79.9 days | 69.0 days |
| Gross Rental Yield Percent | 2.78% | 3.96% |
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