Falling loan deferrals prove market recovery: REIA
The reduction in loan deferral defies doom and gloom forecasts in the property market, the Real Estate Industry of Australia has said. ...
Based on its average 5-year and quarterly capital gains NORTH ARM COVE, 2324 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that NORTH ARM COVE, 2324 obtained a 12.01% growth over a ten-year period. It ranks 2964th on our list of suburbs that property investors should look into.
NORTH ARM COVE, 2324 in NSW belongs to the local government area of Mid-Coast (A).
NORTH ARM COVE, 2324 has a capital gain of 23.29% for the past year, which is higher than average compared to its 0% growth within a five-year period.
Figures from the previous quarter show that capital gains for real estate buyers in NORTH ARM COVE are low, as opposed to average gains per annum over the past five years.
A 23.29% increase in median property prices in NORTH ARM COVE, 2324 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 71st.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $450,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -5.26% | N/A |
| Median 12 month | 23.29% | N/A |
| Median 3 years | -35.71% | N/A |
| Median 5 years | 0% | N/A |
| 10 years average annual | 12.01% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 96.9 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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