Property investors have seen a 1.87% gain in TURRELLA based on an increase 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 $1,090,000
Profits averaged 8.67% 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 $650 based on current median home prices for the suburb.
The gross rental yield in TURRELLA, 2205 is 3.1%.
An average of 1.08 real estate transactions take place per month in TURRELLA which translates to 13 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-3.11%||0%|
|Median 3 years||26.01%||25.22%|
|Median 5 years||60.29%||20.81%|
|10 years average annual||9.06%||4.5%|
|Weekly media advert. rent||$650||$590|
|Time on Market||0.0 days||62.0 days|
|Gross Rental Yield Percent||3.1%||4.26%|