The case for Canberra’s office market
No longer just a public service bubble, Canberra has seen an increase in private sector activity in recent years, bringing with it a raft of...
Property investors have seen a 9.68% 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 $340,000
Profits averaged 7.14% 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 $345 based on current median home prices for the suburb.
The gross rental yield in ABERMAIN, 2326 is 5.28%.
An average of 3.42 real estate transactions take place per month in ABERMAIN which translates to 41 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $340,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 9.68% | N/A |
| Median 12 month | -8.11% | N/A |
| Median 3 years | 21.43% | N/A |
| Median 5 years | 30.77% | N/A |
| 10 years average annual | 5.53% | N/A |
| Weekly media advert. rent | $345 | N/A |
| Time on Market | 104.1 days | N/A |
| Gross Rental Yield Percent | 5.28% | N/A |
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