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Property investors have seen a -1.33% drop in TURRELLA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains TURRELLA, 2205 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 $1,294,500
Profits averaged 5.89% per annum over a 3-year period, due to an upward trend in home prices in TURRELLA, 2205.
This means, real estate investors could earn a rental income of $700 based on current median home prices for the suburb.
The gross rental yield in TURRELLA, 2205 is 2.81%.
An average of 1.25 real estate transactions take place per month in TURRELLA which translates to 15 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,294,500 | $715,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.33% | -1.38% |
| Median 12 month | 2.74% | -0.69% |
| Median 3 years | 17.68% | 19.87% |
| Median 5 years | 84.27% | 25.44% |
| 10 years average annual | 10.28% | 3.65% |
| Weekly media advert. rent | $700 | $630 |
| Time on Market | 0.0 days | 74.7 days |
| Gross Rental Yield Percent | 2.81% | 4.58% |
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