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Property investors have seen a -1.23% drop in TARRO based on a decrease 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 $400,000
Profits averaged 2.22% 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 4.81%.
An average of 2.33 real estate transactions take place per month in TARRO which translates to 28 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.49%||N/A|
|Median 3 years||6.65%||N/A|
|Median 5 years||35.14%||N/A|
|10 years average annual||4.55%||N/A|
|Weekly media advert. rent||$370||N/A|
|Time on Market||32.8 days||N/A|
|Gross Rental Yield Percent||4.81%||N/A|