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 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|