NAB 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...
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 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|