Property Investors Locking-in Their Gains While Rental Yields Are ‘historically’ High
Data suggests that investors are moving to consolidate their profits while they can. ...
Property investors have seen a -7.24% drop in ENFIELD based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ENFIELD, 2136 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 $1,250,000
This means, real estate investors could earn a rental income of $665 based on current median home prices for the suburb.
The gross rental yield in ENFIELD, 2136 is 2.77%.
An average of 1.92 real estate transactions take place per month in ENFIELD which translates to 23 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-5.3%||-9.05%|
|Median 3 years||N/A||-17.18%|
|Median 5 years||1.01%||-12.63%|
|10 years average annual||7.95%||3.86%|
|Weekly media advert. rent||$665||$450|
|Time on Market||0.0 days||94.8 days|
|Gross Rental Yield Percent||2.77%||3.98%|