Rental listings fall to 8-year low
Rental listings in Perth have dropped to an eight-year low as consumers swoop in on empty stock, new research has revealed. ...
Figures from the previous quarter show that capital gains for real estate buyers in SAN REMO are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
On average, rents on listings have reached the $350 mark, reflecting a 4.14% increase in returns based on the current median price in SAN REMO.
SAN REMO, 2262 ranks 910th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 317th on the list of best yielding suburbs for rental properties in NSW, posting a 4.14% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $440,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | -0.68% | N/A |
| Median 3 years | 4.76% | N/A |
| Median 5 years | 33.33% | N/A |
| 10 years average annual | 5.84% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 50.0 days | N/A |
| Gross Rental Yield Percent | 4.14% | N/A |
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