Property investors have seen a 1.71% gain in TURRELLA based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on TURRELLA, 2205 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 22.62%.
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 $1,312,000
Profits averaged 12.22% 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 $760 based on current median home prices for the suburb.
The gross rental yield in TURRELLA, 2205 is 3.01%.
An average of 1.17 real estate transactions take place per month in TURRELLA which translates to 14 per annum.
Property investments in TURRELLA did not fare well against the rest of the country last year, registering a median home price decrease of 1.26%.
Figures from the previous quarter show that capital gains for real estate buyers in TURRELLA are low, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $630 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In TURRELLA, homes and units usually stay on listing for an average of 73.4 days.
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 $725,000
Investors saw the median home price rise to $725,000.
TURRELLA ranks 133rd on the list of best yielding suburbs for rental properties in NSW, posting a 4.52% return.
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