Property investors have seen a 3.42% gain in WEST PENNANT HILLS based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on WEST PENNANT HILLS, 2125 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 11.29%.
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 $1,725,000
Profits averaged 13.76% 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 $770 based on current median home prices for the suburb.
The gross rental yield in WEST PENNANT HILLS, 2125 is 2.32%.
An average of 13.5 real estate transactions take place per month in WEST PENNANT HILLS which translates to 162 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 36.36%.
Figures from the previous quarter show that capital gains for real estate buyers in WEST PENNANT HILLS are low, as opposed to average gains per annum over the past five years.
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 $1,185,000
Investors saw the median home price rise to $1,185,000.
WEST PENNANT HILLS ranks 574th on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
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