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 enjoyed capital gains of 8.52% over the last 12 months in ENGADINE, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in ENGADINE 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 $620 based on current median home prices for the suburb.
On average, rents on listings have reached the $620 mark, reflecting a 3.26% increase in returns based on the current median price in ENGADINE.
ENGADINE, 2233 ranks 692nd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 649th on the list of best yielding suburbs for rental properties in NSW, posting a 3.26% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.52%||7.2%|
|Median 3 years||-6.4%||0%|
|Median 5 years||12.73%||7.69%|
|10 years average annual||5.77%||6.1%|
|Weekly media advert. rent||$620||$430|
|Time on Market||34.9 days||40.9 days|
|Gross Rental Yield Percent||3.26%||3.19%|