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2 MIN READNAB Tips 19% Price Growth For Property In 2021
One of Australia’s biggest banks has upped their expectations for Australia’s residential housing market, tipping 19...
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Mount LewisMount Lewis - SUBURB PROFILE REPORT
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Property investors have seen a 0.93% gain in MOUNT LEWIS based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MOUNT LEWIS, 2190 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 $1,080,000
This means, real estate investors could earn a rental income of $485 based on current median home prices for the suburb.
The gross rental yield in MOUNT LEWIS, 2190 is 2.34%.
An average of 1 real estate transactions take place per month in MOUNT LEWIS which translates to 12 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,080,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.93% | N/A |
| Median 12 month | 2.61% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | 27.51% | N/A |
| 10 years average annual | 9.21% | N/A |
| Weekly media advert. rent | $485 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 2.34% | N/A |
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