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Of around 25 million Australians, 2.2 million own one investment property, 460,000 own two, and around 19,000 own more than six. From this...
Property investors have seen a -0.35% 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 $710,000
Profits averaged 3.47% 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 $372.5 based on current median home prices for the suburb.
The gross rental yield in NORDS WHARF, 2281 is 2.73%.
An average of 1 real estate transactions take place per month in NORDS WHARF which translates to 12 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $710,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.35% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 10.42% | N/A |
| Median 5 years | 34.47% | N/A |
| 10 years average annual | 7.13% | N/A |
| Weekly media advert. rent | $372.5 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 2.73% | N/A |
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