PROPERTY SHOWCASE: How To Be The Boss Of Your Own Property Investment Journey
Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses tha...
Property investors have seen a 5.45% gain in Greenhills Beach based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on Greenhills Beach, 2230 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 20.59%.
Based on its average 5-year and quarterly capital gains Greenhills Beach, 2230 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 $2,653,000
This means, real estate investors could earn a rental income of $1775 based on current median home prices for the suburb.
The gross rental yield in Greenhills Beach, 2230 is 3.48%.
An average of 1.67 real estate transactions take place per month in Greenhills Beach which translates to 20 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||20.59%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||39.63%||N/A|
|10 years average annual||13.23%||N/A|
|Weekly media advert. rent||$1775||N/A|
|Time on Market||54.9 days||N/A|
|Gross Rental Yield Percent||3.48%||N/A|