Property investment tip: Should investors spend extra on professional fees?
With the property market changing as a result of price declines and regulatory interventions, investors are advised, now more than ever, to ...
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A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 7.7% growth over a ten-year period. It ranks 659th on our list of suburbs that property investors should look into.
WYONGAH, 2259 has a capital gain of -3.1% for the past year, which is lower than average compared to its 61.29% growth within a five-year period.
With the median home price in WYONGAH sitting at $500,000, and the average rent at $397.5, property owners could potentially earn a 4.13% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WYONGAH are low, as opposed to average gains per annum over the past five years.
WYONGAH, 2259 in NSW belongs to the local government area of Central Coast (C) (NSW).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $500,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.2% | N/A |
| Median 12 month | -3.1% | N/A |
| Median 3 years | 21.21% | N/A |
| Median 5 years | 61.29% | N/A |
| 10 years average annual | 7.7% | N/A |
| Weekly media advert. rent | $397.5 | N/A |
| Time on Market | 60.0 days | N/A |
| Gross Rental Yield Percent | 4.13% | N/A |
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