Australia is in the midst of ‘the biggest rental crisis in history’, expert says
Australia’s property market has never been more paradoxical, with intense rental pressure recorded in a majority of towns and cities, but ...
Property investors have seen a 0.36% gain in POINT CLARE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains POINT CLARE, 2250 saw average growth in the long term.
The NSW suburb also 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 $700,000
Profits averaged -1.02% per annum over a 3-year period, due to an downward trend in home prices in POINT CLARE, 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 POINT CLARE, 2250 is 3.27%.
An average of 3.75 real estate transactions take place per month in POINT CLARE which translates to 45 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $700,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.36% | N/A |
| Median 12 month | -2.78% | N/A |
| Median 3 years | -3.05% | N/A |
| Median 5 years | 25.22% | N/A |
| 10 years average annual | 6.26% | N/A |
| Weekly media advert. rent | $440 | N/A |
| Time on Market | 41.5 days | N/A |
| Gross Rental Yield Percent | 3.27% | N/A |
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