Brisbane, Adelaide prices tipped to grow as investors zero in on smaller cities
Brisbane, Adelaide and Perth are tipped to experience the strongest price growth this year, as 19 per cent of existing investors explore ne...
Property investors have seen a -3.36% drop in LAKE MUNMORAH based on a decrease 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 $518,000
Profits averaged 2.64% 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 $400 based on current median home prices for the suburb.
The gross rental yield in LAKE MUNMORAH, 2259 is 4.02%.
An average of 7.75 real estate transactions take place per month in LAKE MUNMORAH which translates to 93 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $518,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -3.36% | N/A |
| Median 12 month | 3.6% | N/A |
| Median 3 years | 7.92% | N/A |
| Median 5 years | 34.55% | N/A |
| 10 years average annual | 5.93% | N/A |
| Weekly media advert. rent | $400 | N/A |
| Time on Market | 72.8 days | N/A |
| Gross Rental Yield Percent | 4.02% | N/A |
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