How Much Of The Housing Market Can You Afford?
Aussies can no longer rely on their incomes and savings alone to fund a property purchase, as prices soar and incomes st...
Property investors have seen a 0.81% gain in OYSTER BAY based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains OYSTER BAY, 2225 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 $1,250,000
Profits averaged -2.64% per annum over a 3-year period, due to an downward trend in home prices in OYSTER BAY, 2225.
This means, real estate investors could earn a rental income of $680 based on current median home prices for the suburb.
The gross rental yield in OYSTER BAY, 2225 is 2.83%.
An average of 5.58 real estate transactions take place per month in OYSTER BAY which translates to 67 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.38%||N/A|
|Median 3 years||-7.92%||N/A|
|Median 5 years||8.46%||N/A|
|10 years average annual||5.85%||N/A|
|Weekly media advert. rent||$680||N/A|
|Time on Market||51.1 days||N/A|
|Gross Rental Yield Percent||2.83%||N/A|