How Does An Economist View Labor’s Housing Plans?
Saturday’s (21 May) federal election brought with it a new government, with the Albanese-led Labor party winning power...
Property investors have seen a 4.57% gain in EAST BRANXTON based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on EAST BRANXTON, 2335 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 24.77%.
Based on its average 5-year and quarterly capital gains EAST BRANXTON, 2335 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 $549,000
Profits averaged 9.47% per annum over a 3-year period, due to an upward trend in home prices in EAST BRANXTON, 2335.
This means, real estate investors could earn a rental income of $420 based on current median home prices for the suburb.
The gross rental yield in EAST BRANXTON, 2335 is 3.98%.
An average of 3.25 real estate transactions take place per month in EAST BRANXTON which translates to 39 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||24.77%||16.67%|
|Median 3 years||28.42%||N/A|
|Median 5 years||58.21%||N/A|
|10 years average annual||4.45%||12.68%|
|Weekly media advert. rent||$420||N/A|
|Time on Market||29.2 days||42.3 days|
|Gross Rental Yield Percent||3.98%||N/A|