Property investors have seen a 0% 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 $590,000
Profits averaged 7.85% 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 3.97%.
An average of 9.17 real estate transactions take place per month in SALAMANDER BAY which translates to 110 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.31%||6.53%|
|Median 3 years||23.56%||25%|
|Median 5 years||43.03%||35.14%|
|10 years average annual||3.83%||4.21%|
|Weekly media advert. rent||$450||$370|
|Time on Market||70.0 days||68.3 days|
|Gross Rental Yield Percent||3.97%||5.13%|