Rental listings fall to 8-year low
Rental listings in Perth have dropped to an eight-year low as consumers swoop in on empty stock, new research has revealed. ...
Property investors have seen a 2.53% gain in NORTH GOSFORD based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains NORTH GOSFORD, 2250 saw average growth in the long term.
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $628,000
Profits averaged 3.95% per annum over a 3-year period, due to an upward trend in home prices in NORTH GOSFORD, 2250.
This means, real estate investors could earn a rental income of $430 based on current median home prices for the suburb.
The gross rental yield in NORTH GOSFORD, 2250 is 3.56%.
An average of 3.92 real estate transactions take place per month in NORTH GOSFORD which translates to 47 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $628,000 | $428,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.53% | -0.23% |
| Median 12 month | 6.44% | -4.68% |
| Median 3 years | 11.84% | -4.89% |
| Median 5 years | 46.9% | 22.99% |
| 10 years average annual | 6.87% | 5.29% |
| Weekly media advert. rent | $430 | $385 |
| Time on Market | 46.8 days | 82.7 days |
| Gross Rental Yield Percent | 3.56% | 4.68% |
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