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Property investors have seen a -8.45% 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 $1,070,000
Profits averaged -5.9% per annum over a 3-year period, due to an downward trend in home prices in TURRELLA, 2205.
This means, real estate investors could earn a rental income of $685 based on current median home prices for the suburb.
The gross rental yield in TURRELLA, 2205 is 3.33%.
An average of 1.75 real estate transactions take place per month in TURRELLA which translates to 21 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,070,000 | $695,500 |
| GROWTH REPORT | ||
| Median Quarterly | -8.45% | -2.39% |
| Median 12 month | -17.05% | -4.07% |
| Median 3 years | -17.69% | 0.8% |
| Median 5 years | 33.88% | 23.1% |
| 10 years average annual | 8.95% | 2.37% |
| Weekly media advert. rent | $685 | $630 |
| Time on Market | 0.0 days | 41.0 days |
| Gross Rental Yield Percent | 3.33% | 4.71% |
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