How Much Of The Housing Market Can You Afford?
Aussies can no longer rely on their incomes and savings alone to fund a property purchase, as prices soar and incomes st...
Property investors have seen a 1.82% 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 $531,500
Profits averaged 3.08% 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 $410 based on current median home prices for the suburb.
The gross rental yield in LAKE MUNMORAH, 2259 is 4.01%.
An average of 8.92 real estate transactions take place per month in LAKE MUNMORAH which translates to 107 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.3%||N/A|
|Median 3 years||9.25%||N/A|
|Median 5 years||37.16%||N/A|
|10 years average annual||6.35%||N/A|
|Weekly media advert. rent||$410||N/A|
|Time on Market||72.1 days||N/A|
|Gross Rental Yield Percent||4.01%||N/A|