Government urged to provide stimulus for building sector
As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...
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Figures from the previous quarter show that capital gains for real estate buyers in POINT FREDERICK are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $700 based on current median home prices for the suburb.
On average, rents on listings have reached the $700 mark, reflecting a 2.49% increase in returns based on the current median price in POINT FREDERICK.
While it ranks 1087th on the list of best yielding suburbs for rental properties in NSW, posting a 2.49% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,460,000 | $465,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -1.06% |
| Median 12 month | N/A | -18.24% |
| Median 3 years | 15.87% | -22.18% |
| Median 5 years | 42.44% | 40.48% |
| 10 years average annual | 9.43% | 6.32% |
| Weekly media advert. rent | $700 | $410 |
| Time on Market | 0.0 days | 91.4 days |
| Gross Rental Yield Percent | 2.49% | 4.58% |
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