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Property investors have seen a -8.87% drop in WYEE based on a decrease 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 $565,000
Profits averaged 2.71% per annum over a 3-year period, due to an upward trend in home prices in WYEE, 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 WYEE, 2259 is 3.77%.
An average of 2.58 real estate transactions take place per month in WYEE which translates to 31 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $565,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -8.87% | N/A |
| Median 12 month | -0.44% | N/A |
| Median 3 years | 8.13% | N/A |
| Median 5 years | 18.32% | N/A |
| 10 years average annual | 5.67% | N/A |
| Weekly media advert. rent | $410 | N/A |
| Time on Market | 93.5 days | N/A |
| Gross Rental Yield Percent | 3.77% | N/A |
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