Perth Rentals Down 10-30% From Peak
The Perth rental market has risen in affordability, with a new analysis showing more than 200 suburbs with median house ...
ST HUBERTS ISLAND, 2257 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in NSW have risen as a whole, pulling ST HUBERTS ISLAND, 2257 values up and netting property investors a capital gain of 8.56% for the past year.
Investors saw the median home price rise to $1,370,633.
Profits due to an upward trend in home prices in the suburb averaged 1.28% per annum over a 3-year period.
ST HUBERTS ISLAND now ranks at the 76th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in ST HUBERTS ISLAND are high, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $750 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ST HUBERTS ISLAND, homes and units usually stay on listing for an average of 48.0 days.
In 2016, 36 properties were sold in ST HUBERTS ISLAND during the past year, making it the 570th most active market in NSW based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.56%||N/A|
|Median 3 years||3.84%||N/A|
|Median 5 years||31.16%||N/A|
|10 years average annual||7.35%||N/A|
|Weekly media advert. rent||$750||N/A|
|Time on Market||48.0 days||N/A|
|Gross Rental Yield Percent||2.85%||N/A|