‘Zero spread’ opens up property-buying opportunities
Property investment is set to gather pace as first home buyers and investors alike are tempted into a “zero spread” environment, thanks ...
Based on its average 5-year and quarterly capital gains WYONG, 2259 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that WYONG, 2259 obtained a 6.74% growth over a ten-year period. It ranks 519th on our list of suburbs that property investors should look into.
WYONG, 2259 in NSW belongs to the local government area of Central Coast (C) (NSW).
WYONG, 2259 has a capital gain of -11.31% for the past year, which is lower than average compared to its 28.44% growth within a five-year period.
With the median home price in WYONG sitting at $490,000, and the average rent at $420, property owners could potentially earn a 4.46% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WYONG are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $490,000 | $355,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2% | -7.79% |
| Median 12 month | -11.31% | -8.86% |
| Median 3 years | -0.51% | 13.06% |
| Median 5 years | 28.44% | 30.28% |
| 10 years average annual | 6.74% | 4.79% |
| Weekly media advert. rent | $420 | $350 |
| Time on Market | 83.2 days | 105.0 days |
| Gross Rental Yield Percent | 4.46% | 5.13% |
Property investment is set to gather pace as first home buyers and investors alike are tempted into a “zero spread” environment, thanks ...
Investors and property managers should be vigilant about ensuring backyard swimming pools are secure, after new research revealed the danger...
If you’re looking to invest in Brisbane, there are five suburbs set to guarantee a good return, according to local economist. ...
Ever been in a debate with a tenant? Here’s how your agent can help. ...
First home buyers will find it easier to jump on the property ladder with the passage of new legislation through Parliament last week. ...
New data released from Domain has revealed that the cost of renting in Sydney is much lower than it was five years ago, improving renters’...
Get notifications in real-time for staying up to date with content that matters to you.