How long can ‘JobKeepers’ afford their rent?
Following a raft of fiscal changes to protect businesses and workers, the focus has shifted to housing, with landlords and tenants urged to ...
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Property investors have seen a -2.49% 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 $980,000
Profits averaged -2.72% 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 $670 based on current median home prices for the suburb.
The gross rental yield in TURRELLA, 2205 is 3.56%.
An average of 0.92 real estate transactions take place per month in TURRELLA which translates to 11 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $980,000 | $680,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.49% | -0.37% |
| Median 12 month | -8.41% | -0.15% |
| Median 3 years | -8.15% | -4.23% |
| Median 5 years | 10.86% | 17.24% |
| 10 years average annual | 7.73% | 1.87% |
| Weekly media advert. rent | $670 | $620 |
| Time on Market | 0.0 days | 137.2 days |
| Gross Rental Yield Percent | 3.56% | 4.74% |
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