Australian home sizes at 22-year low
New data from the ABS has highlighted the decline of the average new-home size, which is at its smallest level since 1996. ...
Property investors have seen a 2.27% gain in WESTON based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on WESTON, 2326 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 15.38%.
Based on its average 5-year and quarterly capital gains WESTON, 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 $337,500
Profits averaged 11.31% per annum over a 3-year period, due to an upward trend in home prices in WESTON, 2326.
This means, real estate investors could earn a rental income of $330 based on current median home prices for the suburb.
The gross rental yield in WESTON, 2326 is 5.08%.
An average of 7.25 real estate transactions take place per month in WESTON which translates to 87 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $337,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.27% | N/A |
| Median 12 month | 15.38% | N/A |
| Median 3 years | 33.93% | N/A |
| Median 5 years | 40.63% | N/A |
| 10 years average annual | 5.35% | N/A |
| Weekly media advert. rent | $330 | N/A |
| Time on Market | 77.6 days | N/A |
| Gross Rental Yield Percent | 5.08% | N/A |
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