How Much Of The Housing Market Can You Afford?
Aussies can no longer rely on their incomes and savings alone to fund a property purchase, as prices soar and incomes st...
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 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%|