Property investors have seen a -3.14% drop in WEST PENNANT HILLS based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WEST PENNANT HILLS, 2125 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 $1,617,500
Profits averaged 8.64% per annum over a 3-year period, due to an upward trend in home prices in WEST PENNANT HILLS, 2125.
This means, real estate investors could earn a rental income of $810 based on current median home prices for the suburb.
The gross rental yield in WEST PENNANT HILLS, 2125 is 2.6%.
An average of 13.67 real estate transactions take place per month in WEST PENNANT HILLS which translates to 164 per annum.
Property investments in WEST PENNANT HILLS fare well against the rest of the country last year, registering a median home price increase of 15.18%.
This means, real estate investors could earn a rental income of $585 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In WEST PENNANT HILLS, homes and units usually stay on listing for an average of 0.0 days.
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 $1,100,000
Investors saw the median home price rise to $1,100,000.
WEST PENNANT HILLS ranks 562nd on the list of best yielding suburbs for rental properties in NSW, posting a 2.77% return.
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