Property investors have seen a -23.78% 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 weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $625,000
Profits averaged 14.56% 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 $425 based on current median home prices for the suburb.
The gross rental yield in NORDS WHARF, 2281 is 3.54%.
An average of 1.5 real estate transactions take place per month in NORDS WHARF which translates to 18 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0.81%||N/A|
|Median 3 years||43.68%||N/A|
|Median 5 years||53.56%||N/A|
|10 years average annual||6.42%||N/A|
|Weekly media advert. rent||$425||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||3.54%||N/A|