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Property investors have seen a 4.17% gain in TARRO based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains TARRO, 2322 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 $437,500
Profits averaged 5.04% per annum over a 3-year period, due to an upward trend in home prices in TARRO, 2322.
This means, real estate investors could earn a rental income of $370 based on current median home prices for the suburb.
The gross rental yield in TARRO, 2322 is 4.4%.
An average of 2.67 real estate transactions take place per month in TARRO which translates to 32 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.65%||N/A|
|Median 3 years||15.13%||N/A|
|Median 5 years||44.87%||N/A|
|10 years average annual||5.97%||N/A|
|Weekly media advert. rent||$370||N/A|
|Time on Market||48.2 days||N/A|
|Gross Rental Yield Percent||4.4%||N/A|