Property investors have seen a -1.14% drop in BELLA VISTA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BELLA VISTA, 2153 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 $1,735,000
Profits averaged 11.94% per annum over a 3-year period, due to an upward trend in home prices in BELLA VISTA, 2153.
This means, real estate investors could earn a rental income of $800 based on current median home prices for the suburb.
The gross rental yield in BELLA VISTA, 2153 is 2.4%.
An average of 6.17 real estate transactions take place per month in BELLA VISTA which translates to 74 per annum.
Property investments in BELLA VISTA did not fare well against the rest of the country last year, registering a median home price decrease of -1.45%.
Figures from the previous quarter show that capital gains for real estate buyers in BELLA VISTA are low, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $675 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In BELLA VISTA, homes and units usually stay on listing for an average of 0.0 days.
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 $920,000
Investors saw the median home price rise to $920,000.
BELLA VISTA ranks 338th on the list of best yielding suburbs for rental properties in NSW, posting a 3.82% return.
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