Sydney and Melbourne wobble as COVID-19 sets in
Investors in Australia’s two largest cities are starting to see the impact of COVID-19, with up to a third of owners selling for less, new...
Property investors have seen a -32.29% 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 decrease 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 $325,000
Profits averaged -9.26% per annum over a 3-year period, due to an downward trend in home prices in WYEE, 2259.
The gross rental yield in WYEE, 2259 is 0%.
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 | $325,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -32.29% | N/A |
| Median 12 month | -42.27% | N/A |
| Median 3 years | -27.78% | N/A |
| Median 5 years | -37.14% | N/A |
| 10 years average annual | 4.27% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 112.3 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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