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 0% gain in WYEE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WYEE, 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 $330,000
Profits averaged -13.69% per annum over a 3-year period, due to an downward trend in home prices in WYEE, 2259.
This means, real estate investors could earn a rental income of $520 based on current median home prices for the suburb.
The gross rental yield in WYEE, 2259 is 8.19%.
An average of 4.58 real estate transactions take place per month in WYEE which translates to 55 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0%||N/A|
|Median 3 years||-41.07%||N/A|
|Median 5 years||-39.45%||N/A|
|10 years average annual||1.42%||N/A|
|Weekly media advert. rent||$520||N/A|
|Time on Market||94.3 days||N/A|
|Gross Rental Yield Percent||8.19%||N/A|