Property investors enjoyed capital gains of 5% over the last 12 months in BURWOOD, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in BURWOOD are low, as opposed to average gains per annum over the past five years.
The suburb posted a 19.05% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $640 based on current median home prices for the suburb.
On average, rents on listings have reached the $640 mark, reflecting a 1.58% increase in returns based on the current median price in BURWOOD.
BURWOOD, 2134 ranks 828th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1172nd on the list of best yielding suburbs for rental properties in NSW, posting a 1.58% return.
Property investors have seen a 1.18% gain in BURWOOD based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BURWOOD, 2134 saw average growth in the long term.
BURWOOD, 2134 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 $860,000.
Profits due to an upward trend in home prices in BURWOOD, 2134 averaged 7.24% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $567.5 based on current median home prices for the suburb.
The gross rental yield in BURWOOD, 2134 is 3.43%.
An average of 15.67 real estate transactions take place per month in BURWOOD which translates to 188 per annum.
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