Property Market Update: Melbourne, December 2021
Melbourne capped off a bumpy 2021 with double-digit annual growth, triumphing over gloomy start-of-the-year forecasts. H...
Property investors enjoyed capital gains of 3.93% over the last 12 months in WYEE POINT, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in WYEE POINT are low, as opposed to average gains per annum over the past five years.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in WYEE POINT.
WYEE POINT, 2259 ranks 1271st in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1327th on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.93%||N/A|
|Median 3 years||-2.87%||N/A|
|Median 5 years||31.01%||N/A|
|10 years average annual||10.06%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||42.6 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|