‘Nonsensical’: Economist Shuts Down 10% Price Drop Talk
A big four bank’s suggestion that Australia would see a 10 per cent dip in property prices over 2023 has been promptly...
Property investors have seen a 0% gain in MAYS HILL based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MAYS HILL, 2145 saw average growth in the long term.
MAYS HILL, 2145 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 $595,000.
Profits due to an upward trend in home prices in MAYS HILL, 2145 averaged 0% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $440 based on current median home prices for the suburb.
The gross rental yield in MAYS HILL, 2145 is 3.85%.
An average of 5.75 real estate transactions take place per month in MAYS HILL which translates to 69 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||2.23%|
|Median 3 years||N/A||0%|
|Median 5 years||N/A||-4.03%|
|10 years average annual||N/A||0.21%|
|Weekly media advert. rent||N/A||$440|
|Time on Market||N/A||158.6 days|
|Gross Rental Yield Percent||N/A||3.85%|