Property investors have seen a -2.74% drop in POINT CLARE based on a decrease 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 $710,000
Profits averaged 14.84% per annum over a 3-year period, due to an upward trend in home prices in POINT CLARE, 2250.
This means, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
The gross rental yield in POINT CLARE, 2250 is 3.66%.
An average of 4.33 real estate transactions take place per month in POINT CLARE which translates to 52 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.23%||17.83%|
|Median 3 years||44.53%||48.41%|
|Median 5 years||85.14%||N/A|
|10 years average annual||6.91%||4.91%|
|Weekly media advert. rent||$500||$400|
|Time on Market||36.3 days||0.0 days|
|Gross Rental Yield Percent||3.66%||4.25%|