NAB Tips 19% Price Growth For Property In 2021
One of Australia’s biggest banks has upped their expectations for Australia’s residential housing market, tipping 19...
The suburb’s capital gain of 10.83% for the past year is higher than average compared to its 31.63% growth within a five-year period.
Also in NARARA, the median home price is sitting at $684,500, and the average rent at $480, this suggests property owners could potentially earn a 3.65% increase in gross rental yield.
Property investors have seen a 3.71% gain in NARARA based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on NARARA, 2250 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 10.83%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.67% growth over a ten-year period. It ranks 392nd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||10.83%||3.83%|
|Median 3 years||9.52%||4.43%|
|Median 5 years||31.63%||21.92%|
|10 years average annual||7.67%||6.6%|
|Weekly media advert. rent||$480||$392.5|
|Time on Market||35.5 days||24.6 days|
|Gross Rental Yield Percent||3.65%||4.12%|