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SconeScone - SUBURB PROFILE REPORT
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Property investors have seen a 1.91% gain in SCONE based on an increase 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 $400,000
Profits averaged 3.2% 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 $368.75 based on current median home prices for the suburb.
The gross rental yield in SCONE, 2337 is 4.79%.
An average of 13.75 real estate transactions take place per month in SCONE which translates to 165 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $400,000 | $225,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.91% | 1.35% |
| Median 12 month | 5.26% | -22.41% |
| Median 3 years | 9.59% | N/A |
| Median 5 years | 15.11% | N/A |
| 10 years average annual | 2.44% | -12.33% |
| Weekly media advert. rent | $368.75 | $270 |
| Time on Market | 96.2 days | 0.0 days |
| Gross Rental Yield Percent | 4.79% | 6.24% |
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