Property Market Update: Brisbane, April 2022
Brisbane remained golden in April, as house values in the city marched higher to hit a new record high. But with a rate ...
Property investors have seen a 6.25% gain in SALAMANDER BAY based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on SALAMANDER BAY, 2317 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 20.57%.
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 $850,000
Profits averaged 9.11% 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 $550 based on current median home prices for the suburb.
The gross rental yield in SALAMANDER BAY, 2317 is 3.36%.
An average of 7.83 real estate transactions take place per month in SALAMANDER BAY which translates to 94 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||20.57%||29.09%|
|Median 3 years||27.34%||33.96%|
|Median 5 years||51.25%||46.9%|
|10 years average annual||7.08%||6.5%|
|Weekly media advert. rent||$550||$435|
|Time on Market||51.8 days||41.4 days|
|Gross Rental Yield Percent||3.36%||4.25%|