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Property investors have seen a -2.9% drop in NORTH GOSFORD based on a decrease 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 $620,000
Profits averaged 13.11% 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 $440 based on current median home prices for the suburb.
The gross rental yield in NORTH GOSFORD, 2250 is 3.69%.
An average of 3.42 real estate transactions take place per month in NORTH GOSFORD which translates to 41 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $620,000 | $500,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.9% | 2.77% |
| Median 12 month | 5.98% | 9.89% |
| Median 3 years | 39.33% | 39.86% |
| Median 5 years | 96.83% | 76.99% |
| 10 years average annual | 7.97% | 5.61% |
| Weekly media advert. rent | $440 | $410 |
| Time on Market | 42.8 days | 38.9 days |
| Gross Rental Yield Percent | 3.69% | 4.26% |
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