Wage subsidy to ‘relieve financial pressure’ for tenants and landlords
The federal government’s recent JobKeeper wage subsidy is set to significantly help relieve rental and mortgage stress, according to the P...
YARRAWARRAH, 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 $1,016,000.
Profits due to an upward trend in home prices in the suburb averaged 2.32% per annum over a 3-year period.
YARRAWARRAH now ranks at the 343rd place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in YARRAWARRAH are low, as opposed to average gains per annum over the past five years.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In YARRAWARRAH, homes and units usually stay on listing for an average of 42.2 days.
In 2016, 32 properties were sold in YARRAWARRAH during the past year, making it the 618th most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,016,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.36% | N/A |
| Median 12 month | 7.86% | N/A |
| Median 3 years | 6.95% | N/A |
| Median 5 years | 36.84% | N/A |
| 10 years average annual | 7.02% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 42.2 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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