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Property investors have seen a -5.76% drop in MAYFIELD EAST based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MAYFIELD EAST, 2304 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 $572,500
Profits averaged 10.24% per annum over a 3-year period, due to an upward trend in home prices in MAYFIELD EAST, 2304.
This means, real estate investors could earn a rental income of $440 based on current median home prices for the suburb.
The gross rental yield in MAYFIELD EAST, 2304 is 4%.
An average of 3 real estate transactions take place per month in MAYFIELD EAST which translates to 36 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $572,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -5.76% | N/A |
| Median 12 month | -8.03% | N/A |
| Median 3 years | 30.71% | N/A |
| Median 5 years | 47.08% | N/A |
| 10 years average annual | 7.59% | N/A |
| Weekly media advert. rent | $440 | N/A |
| Time on Market | 64.7 days | N/A |
| Gross Rental Yield Percent | 4% | N/A |
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