Off-market or ‘on the nose’?
The term “off-market” gets thrown around more and more these days. For the record, Propertyology has never been totally comfortable with...
Property investors have seen a -4.72% 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 $555,000
Profits averaged 4.81% 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 $450 based on current median home prices for the suburb.
The gross rental yield in MAYFIELD EAST, 2304 is 4.22%.
An average of 2.25 real estate transactions take place per month in MAYFIELD EAST which translates to 27 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $555,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -4.72% | N/A |
| Median 12 month | -8.64% | N/A |
| Median 3 years | 14.43% | N/A |
| Median 5 years | 35.37% | N/A |
| 10 years average annual | 7.12% | N/A |
| Weekly media advert. rent | $450 | N/A |
| Time on Market | 59.1 days | N/A |
| Gross Rental Yield Percent | 4.22% | N/A |
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