Tenants get more power in NSW after new legislation passes
Amendments to current rental legislation aimed to give tenants more power have passed the NSW Parliament without any changes. What does thi...
Property investors have seen a -0.65% drop in CALALA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains CALALA, 2340 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 $380,000
Profits averaged 2.55% per annum over a 3-year period, due to an upward trend in home prices in CALALA, 2340.
This means, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
The gross rental yield in CALALA, 2340 is 5.2%.
An average of 7.83 real estate transactions take place per month in CALALA which translates to 94 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $380,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.65% | N/A |
| Median 12 month | -5% | N/A |
| Median 3 years | 7.65% | N/A |
| Median 5 years | 13.43% | N/A |
| 10 years average annual | 3% | N/A |
| Weekly media advert. rent | $380 | N/A |
| Time on Market | 105.4 days | N/A |
| Gross Rental Yield Percent | 5.2% | N/A |
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