Property to regain momentum following health crisis
Strong property price growth before the outbreak of COVID-19 gives investors a snapshot of what market conditions will be like once the pand...
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Property investors have seen a 2.63% 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 $780,000
Profits averaged 0.22% per annum over a 3-year period, due to an upward trend in home prices in ST JOHNS PARK, 2176.
This means, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
The gross rental yield in ST JOHNS PARK, 2176 is 3.33%.
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 | $780,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.63% | N/A |
| Median 12 month | 1.96% | N/A |
| Median 3 years | 0.65% | N/A |
| Median 5 years | 20.74% | N/A |
| 10 years average annual | 7.17% | N/A |
| Weekly media advert. rent | $500 | N/A |
| Time on Market | 55.4 days | N/A |
| Gross Rental Yield Percent | 3.33% | N/A |
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