Property investors have seen a -4.95% drop in KOOLEWONG based on a decrease 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 stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $778,000
Profits averaged 19.06% per annum over a 3-year period, due to an upward trend in home prices in KOOLEWONG, 2256.
This means, real estate investors could earn a rental income of $565 based on current median home prices for the suburb.
The gross rental yield in KOOLEWONG, 2256 is 3.78%.
An average of 1.5 real estate transactions take place per month in KOOLEWONG which translates to 18 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.43%||N/A|
|Median 3 years||57.17%||N/A|
|Median 5 years||72.89%||N/A|
|10 years average annual||7.86%||N/A|
|Weekly media advert. rent||$565||N/A|
|Time on Market||52.8 days||N/A|
|Gross Rental Yield Percent||3.78%||N/A|