Property investors have seen a -6.98% drop in NORDS WHARF based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains NORDS WHARF, 2281 saw average growth in the long term.
the NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $800,000
Profits averaged 30.16% per annum over a 3-year period, due to an upward trend in home prices in NORDS WHARF, 2281.
This means, real estate investors could earn a rental income of $410 based on current median home prices for the suburb.
The gross rental yield in NORDS WHARF, 2281 is 2.67%.
An average of 1.83 real estate transactions take place per month in NORDS WHARF which translates to 22 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $800,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -6.98% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 90.48% | N/A |
| Median 5 years | 96.32% | N/A |
| 10 years average annual | 10.33% | N/A |
| Weekly media advert. rent | $410 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 2.67% | N/A |
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