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SconeScone - SUBURB PROFILE REPORT
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Property investors have seen a -3.13% drop in SCONE based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SCONE, 2337 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 $387,500
Profits averaged 2.55% per annum over a 3-year period, due to an upward trend in home prices in SCONE, 2337.
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 SCONE, 2337 is 4.83%.
An average of 15.17 real estate transactions take place per month in SCONE which translates to 182 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $387,500 | $225,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.13% | 0% |
| Median 12 month | 3.33% | -18.03% |
| Median 3 years | 7.64% | N/A |
| Median 5 years | 14.81% | N/A |
| 10 years average annual | 2.21% | -1.68% |
| Weekly media advert. rent | $360 | $270 |
| Time on Market | 89.5 days | 0.0 days |
| Gross Rental Yield Percent | 4.83% | 6.24% |
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