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Property investors have seen a 2.52% 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 $513,750
Profits averaged 3.3% 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 $380 based on current median home prices for the suburb.
The gross rental yield in LAKE MUNMORAH, 2259 is 3.85%.
An average of 7.42 real estate transactions take place per month in LAKE MUNMORAH which translates to 89 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $513,750 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.52% | N/A |
| Median 12 month | 2.75% | N/A |
| Median 3 years | 9.89% | N/A |
| Median 5 years | 44.72% | N/A |
| 10 years average annual | 5.76% | N/A |
| Weekly media advert. rent | $380 | N/A |
| Time on Market | 93.0 days | N/A |
| Gross Rental Yield Percent | 3.85% | N/A |
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