Dodgy ‘roof repairing’ conmen exploiting property owners
The Western Australian government has put out a call for WA property owners to watch out for roof repair conmen who are asking payment for w...
A 10.53% increase in median property prices in MORTLAKE, 2137 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 69th.
A steady increase in median property prices over a five-year period in MORTLAKE, 2137 translates to a 8.42% capital gain.
MORTLAKE, 2137 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 $997,500.
Augmented property values in MORTLAKE are trailing above the NSW average of -0.13% for the past year.
Real estate investors could earn a rental income of $600 based on current median home prices for the suburb.
Home owners selling their properties and realtors in MORTLAKE usually have to wait an average of 78.8 days days before their assets are lifted off the market.
MORTLAKE ranks 523rd on the list of best yielding suburbs for rental properties in NSW, posting a 3.13% return.
MORTLAKE, 2137 places 86th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $997,500 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 2.52% |
| Median 12 month | N/A | 10.53% |
| Median 3 years | N/A | 8.42% |
| Median 5 years | N/A | 53.46% |
| 10 years average annual | N/A | 5.77% |
| Weekly media advert. rent | N/A | $600 |
| Time on Market | N/A | 78.8 days |
| Gross Rental Yield Percent | N/A | 3.13% |
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