
Is the regional trend coming to an end?
The regional trend could be coming to an end as new figures reveal that monthly capital city price growth has outpaced regional price growth...
Property investors in RAMSGATE enjoyed capital gains of 0.37% over the last 12 months translating to lower returns compared with its peers in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in RAMSGATE are low, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $510 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $510 mark, reflecting a 3.89% increase in returns based on the current median price in RAMSGATE.
RAMSGATE, 2217 ranks 158th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
RAMSGATE ranks 262nd on the list of best yielding suburbs for rental properties in NSW, posting a 3.89% return.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | N/A | $682,500 |
GROWTH REPORT | ||
Median Quarterly | N/A | -1.09% |
Median 12 month | N/A | 0.37% |
Median 3 years | N/A | -10.96% |
Median 5 years | N/A | 0.37% |
10 years average annual | N/A | 3.9% |
Weekly media advert. rent | N/A | $510 |
Time on Market | N/A | 0.0 days |
Gross Rental Yield Percent | N/A | 3.89% |
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