‘Great buying opportunities’ for careful investors looking at new-builds
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...
Based on its average 5-year and quarterly capital gains MACQUARIE HILLS, 2285 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that MACQUARIE HILLS, 2285 obtained a 5.96% growth over a ten-year period. It ranks 1306th on our list of suburbs that property investors should look into.
MACQUARIE HILLS, 2285 in NSW belongs to the local government area of Lake Macquarie.
MACQUARIE HILLS, 2285 has a capital gain of 11.35% for the past year, which is higher than average compared to its 41.91% growth within a five-year period.
With the median home price in MACQUARIE HILLS sitting at $579,000, and the average rent at $470, property owners could potentially earn a 4.22% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MACQUARIE HILLS are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $579,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.75% | N/A |
| Median 12 month | 11.35% | N/A |
| Median 3 years | 30.11% | N/A |
| Median 5 years | 41.91% | N/A |
| 10 years average annual | 5.96% | N/A |
| Weekly media advert. rent | $470 | N/A |
| Time on Market | 26.6 days | N/A |
| Gross Rental Yield Percent | 4.22% | N/A |
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