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Property investors have seen a 6.9% gain in BIRMINGHAM GARDENS based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BIRMINGHAM GARDENS, 2287 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 $465,000
Profits averaged 1.62% per annum over a 3-year period, due to an upward trend in home prices in BIRMINGHAM GARDENS, 2287.
This means, real estate investors could earn a rental income of $375 based on current median home prices for the suburb.
The gross rental yield in BIRMINGHAM GARDENS, 2287 is 4.19%.
An average of 3.92 real estate transactions take place per month in BIRMINGHAM GARDENS which translates to 47 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $465,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 6.9% | N/A |
| Median 12 month | 7.51% | N/A |
| Median 3 years | 4.85% | N/A |
| Median 5 years | 23.67% | N/A |
| 10 years average annual | 4.15% | N/A |
| Weekly media advert. rent | $375 | N/A |
| Time on Market | 52.8 days | N/A |
| Gross Rental Yield Percent | 4.19% | N/A |
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