ORANGE 
1 MIN READCanberra 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...
Read More
Lake MunmorahLake Munmorah - SUBURB PROFILE REPORT
SHARE 
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 Price | $545,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.54% | N/A |
| 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 |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
PODCAST
