How property investors can avoid costing themselves thousands
Ahead of the 31 October deadline for lodging tax returns, property investors are being warned to not leave thousands of dollars in the ...
Property investors in BURWOOD HEIGHTS enjoyed capital gains of 7.69% over the last 12 months translating to lower returns compared with its peers in the territory.
Real estate investors could earn a rental income of $495 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $495 mark, reflecting a 3.68% increase in returns based on the current median price in BURWOOD HEIGHTS.
BURWOOD HEIGHTS, 2136 ranks 153rd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
BURWOOD HEIGHTS ranks 321st on the list of best yielding suburbs for rental properties in NSW, posting a 3.68% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $700,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 1.6% |
| Median 12 month | N/A | 7.69% |
| Median 3 years | N/A | -4.76% |
| Median 5 years | N/A | N/A |
| 10 years average annual | N/A | -0.61% |
| Weekly media advert. rent | N/A | $495 |
| Time on Market | N/A | 0.0 days |
| Gross Rental Yield Percent | N/A | 3.68% |
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