Property investors enjoyed capital gains of 15.22% 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.
The suburb posted a 43.24% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $650 based on current median home prices for the suburb.
On average, rents on listings have reached the $650 mark, reflecting a 3.19% increase in returns based on the current median price in ENGADINE.
ENGADINE, 2233 ranks 404th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 735th on the list of best yielding suburbs for rental properties in NSW, posting a 3.19% return.
Property investors have seen a -5.6% drop in ENGADINE based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ENGADINE, 2233 saw average growth in the long term.
ENGADINE, 2233 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 $708,000.
Profits due to an upward trend in home prices in ENGADINE, 2233 averaged 11.88% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $460 based on current median home prices for the suburb.
The gross rental yield in ENGADINE, 2233 is 3.38%.
An average of 6.58 real estate transactions take place per month in ENGADINE which translates to 79 per annum.
Based on what is coming out of the Royal...
What about the ACT?
When an industry person not from WA...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal