4 Key Takeaways From The Treasurer
Property appears to be front and centre of the federal government’s economic agenda, so what can investors expect fro...
Property investors have seen a -0.51% 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 $390,000
Profits averaged 2.28% 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 $367.5 based on current median home prices for the suburb.
The gross rental yield in SCONE, 2337 is 4.9%.
An average of 17.08 real estate transactions take place per month in SCONE which translates to 205 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0%||21.92%|
|Median 3 years||6.85%||N/A|
|Median 5 years||21.4%||N/A|
|10 years average annual||2.11%||9.53%|
|Weekly media advert. rent||$367.5||$280|
|Time on Market||74.7 days||0.0 days|
|Gross Rental Yield Percent||4.9%||5.34%|