Property Investors Locking-in Their Gains While Rental Yields Are ‘historically’ High
Data suggests that investors are moving to consolidate their profits while they can. ...
Property investors have seen a 5% gain in FLETCHER based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains FLETCHER, 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 $630,000
Profits averaged 0.43% per annum over a 3-year period, due to an upward trend in home prices in FLETCHER, 2287.
This means, real estate investors could earn a rental income of $530 based on current median home prices for the suburb.
The gross rental yield in FLETCHER, 2287 is 4.37%.
An average of 11.58 real estate transactions take place per month in FLETCHER which translates to 139 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.85%||N/A|
|Median 3 years||1.29%||14.61%|
|Median 5 years||13%||N/A|
|10 years average annual||3.32%||5.06%|
|Weekly media advert. rent||$530||$482.5|
|Time on Market||49.8 days||0.0 days|
|Gross Rental Yield Percent||4.37%||4.92%|