How Does An Economist View Labor’s Housing Plans?
Saturday’s (21 May) federal election brought with it a new government, with the Albanese-led Labor party winning power...
Property investors have seen a 3.46% gain in CARDIFF based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on CARDIFF, 2285 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 22.27%.
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 $672,500
Profits averaged 11.68% 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 $450 based on current median home prices for the suburb.
The gross rental yield in CARDIFF, 2285 is 3.48%.
An average of 11.33 real estate transactions take place per month in CARDIFF which translates to 136 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||22.27%||22.98%|
|Median 3 years||35.04%||22.98%|
|Median 5 years||58.8%||31.14%|
|10 years average annual||8.44%||7.29%|
|Weekly media advert. rent||$450||$420|
|Time on Market||18.5 days||28.1 days|
|Gross Rental Yield Percent||3.48%||3.95%|