Property investors have seen a 3.03% gain in CARDIFF based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains CARDIFF, 2285 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 $850,000
Profits averaged 5.67% per annum over a 3-year period, due to an upward trend in home prices in CARDIFF, 2285.
This means, real estate investors could earn a rental income of $625 based on current median home prices for the suburb.
The gross rental yield in CARDIFF, 2285 is 3.82%.
An average of 8.92 real estate transactions take place per month in CARDIFF which translates to 107 per annum.
Property investments in CARDIFF fare well against the rest of the country last year, registering a median home price increase of 12.32%.
Figures from the previous quarter show that capital gains for real estate buyers in CARDIFF are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains CARDIFF, 2285 saw average growth in the long term.
This means, real estate investors could earn a rental income of $580 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In CARDIFF, homes and units usually stay on listing for an average of 38 days.
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 $702,000
Investors saw the median home price rise to $702,000.
CARDIFF ranks 257th on the list of best yielding suburbs for rental properties in NSW, posting a 4.3% return.