Menangle Park Could Be The Next South Western Sydney Success Story
For buyers willing to gamble on an early-stage release in an unknown suburb, the rewards might just outweigh the risks. ...
Property investors have seen a 5.1% gain in KURRI KURRI based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on KURRI KURRI, 2327 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 16.2%.
Based on its average 5-year and quarterly capital gains KURRI KURRI, 2327 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 $412,500
Profits averaged 6.52% per annum over a 3-year period, due to an upward trend in home prices in KURRI KURRI, 2327.
This means, real estate investors could earn a rental income of $360 based on current median home prices for the suburb.
The gross rental yield in KURRI KURRI, 2327 is 4.54%.
An average of 10.5 real estate transactions take place per month in KURRI KURRI which translates to 126 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||16.2%||-10.77%|
|Median 3 years||19.57%||5.45%|
|Median 5 years||40.78%||11.54%|
|10 years average annual||6.01%||4.39%|
|Weekly media advert. rent||$360||$300|
|Time on Market||71.5 days||108.4 days|
|Gross Rental Yield Percent||4.54%||5.38%|