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Property investors have seen a -1.3% 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 $1,562,500
Profits averaged -0.78% per annum over a 3-year period, due to an downward trend in home prices in BELLA VISTA, 2153.
This means, real estate investors could earn a rental income of $740 based on current median home prices for the suburb.
The gross rental yield in BELLA VISTA, 2153 is 2.46%.
An average of 7.58 real estate transactions take place per month in BELLA VISTA which translates to 91 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,562,500 | $912,500 |
| GROWTH REPORT | ||
| Median Quarterly | -1.3% | 1.39% |
| Median 12 month | 1.17% | 16.85% |
| Median 3 years | -2.34% | -21.34% |
| Median 5 years | 23.52% | 67.43% |
| 10 years average annual | 6.47% | 19.03% |
| Weekly media advert. rent | $740 | $620 |
| Time on Market | 49.1 days | 0.0 days |
| Gross Rental Yield Percent | 2.46% | 3.53% |
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