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Property investors have seen a -8.7% drop in DUNDAS based on a decrease 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 $1,050,000
Profits averaged -1.8% per annum over a 3-year period, due to an downward trend in home prices in DUNDAS, 2117.
This means, real estate investors could earn a rental income of $597.5 based on current median home prices for the suburb.
The gross rental yield in DUNDAS, 2117 is 2.96%.
An average of 2.25 real estate transactions take place per month in DUNDAS which translates to 27 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,050,000 | $633,000 |
| GROWTH REPORT | ||
| Median Quarterly | -8.7% | -0.39% |
| Median 12 month | -17.16% | -4.45% |
| Median 3 years | -5.41% | -9.57% |
| Median 5 years | 28.83% | 20.57% |
| 10 years average annual | 8.46% | 4.85% |
| Weekly media advert. rent | $597.5 | $500 |
| Time on Market | 106.0 days | 82.5 days |
| Gross Rental Yield Percent | 2.96% | 4.11% |
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