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 0.08% gain in KOOLEWONG based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains KOOLEWONG, 2256 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 $650,000
Profits averaged -6.33% per annum over a 3-year period, due to an downward trend in home prices in KOOLEWONG, 2256.
This means, real estate investors could earn a rental income of $420 based on current median home prices for the suburb.
The gross rental yield in KOOLEWONG, 2256 is 3.36%.
An average of 1.92 real estate transactions take place per month in KOOLEWONG which translates to 23 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $650,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.08% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | -19% | N/A |
| Median 5 years | 13.44% | N/A |
| 10 years average annual | 9.09% | N/A |
| Weekly media advert. rent | $420 | N/A |
| Time on Market | 62.5 days | N/A |
| Gross Rental Yield Percent | 3.36% | N/A |
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