
Melbourne makes comeback with auction resurgence
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Property investors have seen a 2.88% gain in ST JOHNS PARK based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ST JOHNS PARK, 2176 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 $785,000
Profits averaged -1.75% per annum over a 3-year period, due to an downward trend in home prices in ST JOHNS PARK, 2176.
This means, real estate investors could earn a rental income of $475 based on current median home prices for the suburb.
The gross rental yield in ST JOHNS PARK, 2176 is 3.15%.
An average of 2.42 real estate transactions take place per month in ST JOHNS PARK which translates to 29 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $785,000 | N/A |
GROWTH REPORT | ||
Median Quarterly | 2.88% | N/A |
Median 12 month | 3.97% | N/A |
Median 3 years | -5.25% | N/A |
Median 5 years | 11.35% | N/A |
10 years average annual | 6.56% | N/A |
Weekly media advert. rent | $475 | N/A |
Time on Market | 73.1 days | N/A |
Gross Rental Yield Percent | 3.15% | N/A |
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