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2 MIN READThe Property Policies Both Major Parties Are Peddling
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Marmong PointMarmong Point - SUBURB PROFILE REPORT
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Property investors have seen a 1.89% gain in MARMONG POINT based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MARMONG POINT, 2284 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 $810,000
Profits averaged 15.62% per annum over a 3-year period, due to an upward trend in home prices in MARMONG POINT, 2284.
This means, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.
The gross rental yield in MARMONG POINT, 2284 is 2.57%.
An average of 1.33 real estate transactions take place per month in MARMONG POINT which translates to 16 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $810,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.89% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 46.87% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 1.33% | N/A |
| Weekly media advert. rent | $400 | N/A |
| Time on Market | 12.0 days | N/A |
| Gross Rental Yield Percent | 2.57% | N/A |
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