Auction Activity: Is This The ‘best Winter Market Ever’?
Auction clearance rates across capital cities have held steady amid higher volumes, new data has revealed. ...
Property investors have seen a 3.17% gain in SALAMANDER BAY based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SALAMANDER BAY, 2317 saw average growth in the long term.
The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $732,500
Profits averaged 5.48% per annum over a 3-year period, due to an upward trend in home prices in SALAMANDER BAY, 2317.
This means, real estate investors could earn a rental income of $490 based on current median home prices for the suburb.
The gross rental yield in SALAMANDER BAY, 2317 is 3.48%.
An average of 9 real estate transactions take place per month in SALAMANDER BAY which translates to 108 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.52%||-0.96%|
|Median 3 years||16.45%||-2.14%|
|Median 5 years||44.33%||20%|
|10 years average annual||5.34%||3.4%|
|Weekly media advert. rent||$490||$420|
|Time on Market||80.5 days||82.9 days|
|Gross Rental Yield Percent||3.48%||5.31%|