Property investors have seen a 1.53% 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 weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $599,000
Profits averaged 6.6% 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 $450 based on current median home prices for the suburb.
The gross rental yield in SALAMANDER BAY, 2317 is 3.91%.
An average of 10.08 real estate transactions take place per month in SALAMANDER BAY which translates to 121 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.17%||13.79%|
|Median 3 years||19.8%||26.45%|
|Median 5 years||45.21%||49.62%|
|10 years average annual||3.53%||4.79%|
|Weekly media advert. rent||$450||$390|
|Time on Market||67.6 days||64.1 days|
|Gross Rental Yield Percent||3.91%||5.17%|