NAB Tips 19% Price Growth For Property In 2021
One of Australia’s biggest banks has upped their expectations for Australia’s residential housing market, tipping 19...
Property investors have seen a -0.87% drop in REGENTS PARK based on a decrease in median home prices for the past three months.
Homeowners and real estate investors betting on REGENTS PARK, 2143 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 10.94%.
Based on its average 5-year and quarterly capital gains REGENTS PARK, 2143 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 $907,500
Profits averaged -0.13% per annum over a 3-year period, due to an downward trend in home prices in REGENTS PARK, 2143.
This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
The gross rental yield in REGENTS PARK, 2143 is 2.58%.
An average of 2.92 real estate transactions take place per month in REGENTS PARK which translates to 35 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||10.94%||11.19%|
|Median 3 years||-0.38%||-4.69%|
|Median 5 years||7.97%||-0.43%|
|10 years average annual||7.06%||8.13%|
|Weekly media advert. rent||$450||$365|
|Time on Market||0.0 days||57.8 days|
|Gross Rental Yield Percent||2.58%||4.06%|