Government urged to provide stimulus for building sector
As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...
Subscribe to our newsletter
Property investors enjoyed capital gains of 1.25% over the last 12 months in SYLVANIA, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in SYLVANIA are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $760 based on current median home prices for the suburb.
On average, rents on listings have reached the $760 mark, reflecting a 3.25% increase in returns based on the current median price in SYLVANIA.
SYLVANIA, 2224 ranks 498th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 821st on the list of best yielding suburbs for rental properties in NSW, posting a 3.25% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,215,000 | $865,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.25% | 1.47% |
| Median 12 month | 1.25% | -7.49% |
| Median 3 years | -4.71% | -6.49% |
| Median 5 years | 15.99% | 14.95% |
| 10 years average annual | 5.86% | 5.38% |
| Weekly media advert. rent | $760 | $520 |
| Time on Market | 60.0 days | 80.2 days |
| Gross Rental Yield Percent | 3.25% | 3.13% |
As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...
A growing number of Australians are being forced to live in high-density apartments, which is having an impact on future prosperity and cohe...
A real estate group says some positive signs are beginning to emerge within Australia’s property market. ...
How is the Brisbane property market faring amid the “new normal” that resulted from the COVID-19 outbreak? ...
While social distancing regulations have begun to ease and the property market is showing glimpses of recovery, Right Property Group’s Vic...
While signs were pointing to the start of a housing market recovery for Perth earlier this year, the knock-on effects of COVID-19 have impac...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
