Property investors have seen a -0.87% drop in ALLAWAH based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ALLAWAH, 2218 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 $1,140,000
Profits averaged 11.11% per annum over a 3-year period, due to an upward trend in home prices in ALLAWAH, 2218.
This means, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.
The gross rental yield in ALLAWAH, 2218 is 2.74%.
An average of 1.33 real estate transactions take place per month in ALLAWAH which translates to 16 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,140,000 | $664,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.87% | -0.6% |
| Median 12 month | -15.56% | -0.9% |
| Median 3 years | 33.33% | 16.9% |
| Median 5 years | 56.16% | 44.35% |
| 10 years average annual | 8.2% | 7.34% |
| Weekly media advert. rent | $600 | $480 |
| Time on Market | 0.0 days | 53.6 days |
| Gross Rental Yield Percent | 2.74% | 3.76% |
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