New interest-only loan changes and how they impact property investors
With the announcement that the banking regulator has removed the 30 per cent new lending cap on interest-only loans, we spoke to property ex...
A survey of average capital gains or median home price increase in suburbs across the country shows that EAST HILLS, 2213 obtained a 8.77% growth over a ten-year period. It ranks 214th on our list of suburbs that property investors should look into.
EAST HILLS, 2213 in NSW belongs to the local government area of Bankstown.
EAST HILLS, 2213 has a capital gain of 7.29% for the past year, which is lower than average compared to its 71.67% growth within a five-year period.
With the median home price in EAST HILLS sitting at $1,030,000, and the average rent at $550, property owners could potentially earn a 2.78% increase in gross rental yield.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,030,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 7.29% | N/A |
| Median 3 years | 24.47% | N/A |
| Median 5 years | 71.67% | N/A |
| 10 years average annual | 8.77% | N/A |
| Weekly media advert. rent | $550 | N/A |
| Time on Market | 64.9 days | N/A |
| Gross Rental Yield Percent | 2.78% | N/A |
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