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2 MIN READNAB Tips 19% Price Growth For Property In 2021
One of Australia’s biggest banks has upped their expectations for Australia’s residential housing market, tipping 19...
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AbermainAbermain - SUBURB PROFILE REPORT
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Property investors have seen a 3% gain in ABERMAIN based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ABERMAIN, 2326 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 $360,000
Profits averaged 3.03% per annum over a 3-year period, due to an upward trend in home prices in ABERMAIN, 2326.
This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
The gross rental yield in ABERMAIN, 2326 is 5.06%.
An average of 4.58 real estate transactions take place per month in ABERMAIN which translates to 55 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $360,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3% | N/A |
| Median 12 month | -3.23% | N/A |
| Median 3 years | 9.09% | N/A |
| Median 5 years | 22.03% | N/A |
| 10 years average annual | 5.84% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 84.4 days | N/A |
| Gross Rental Yield Percent | 5.06% | N/A |
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