Canberra Now Boasts A 7-figure Median House Price
With double-digit growth and the steepest price acceleration in almost three decades, Canberra continues to dominate the...
Property investors have seen a 2.54% gain in LAKE MUNMORAH based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains LAKE MUNMORAH, 2259 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 $545,000
Profits averaged 3.82% per annum over a 3-year period, due to an upward trend in home prices in LAKE MUNMORAH, 2259.
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 LAKE MUNMORAH, 2259 is 4.01%.
An average of 10.17 real estate transactions take place per month in LAKE MUNMORAH which translates to 122 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.76%||N/A|
|Median 3 years||11.45%||N/A|
|Median 5 years||34.82%||N/A|
|10 years average annual||6.49%||N/A|
|Weekly media advert. rent||$420||N/A|
|Time on Market||59.8 days||N/A|
|Gross Rental Yield Percent||4.01%||N/A|