Regions Continue To Outpace Cities – But Which Areas Are Topping The Profit Ladder?
Regional markets have continued their winning streak, with property values growing at twice the pace seen across the cap...
Property investors have seen a 1.8% gain in BLAKEHURST based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BLAKEHURST, 2221 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 $1,700,000
Profits averaged 0.8% per annum over a 3-year period, due to an upward trend in home prices in BLAKEHURST, 2221.
This means, real estate investors could earn a rental income of $725 based on current median home prices for the suburb.
The gross rental yield in BLAKEHURST, 2221 is 2.22%.
An average of 6.33 real estate transactions take place per month in BLAKEHURST which translates to 76 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.94%||-10.97%|
|Median 3 years||2.41%||-13.37%|
|Median 5 years||8.49%||-38.67%|
|10 years average annual||6.47%||10.83%|
|Weekly media advert. rent||$725||$500|
|Time on Market||82.1 days||0.0 days|
|Gross Rental Yield Percent||2.22%||3.77%|