Property investors have seen a -0.79% drop in BLAKEHURST based on a decrease in median home prices for the past three months.
Homeowners and real estate investors betting on BLAKEHURST, 2221 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 11.06%.
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 $2,510,000
Profits averaged 0.67% 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 $1150 based on current median home prices for the suburb.
The gross rental yield in BLAKEHURST, 2221 is 2.38%.
An average of 6.08 real estate transactions take place per month in BLAKEHURST which translates to 73 per annum.
Property investments in BLAKEHURST did not fare well against the rest of the country last year, registering a median home price decrease of -3.54%.
Figures from the previous quarter show that capital gains for real estate buyers in BLAKEHURST are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains BLAKEHURST, 2221 saw average growth in the long term.
This means, real estate investors could earn a rental income of $835 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In BLAKEHURST, homes and units usually stay on listing for an average of N/A.
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 $955,000
Investors saw the median home price rise to $955,000.
BLAKEHURST ranks 207th on the list of best yielding suburbs for rental properties in NSW, posting a 4.55% return.