Spate of lenders slash fixed rates for investors
Key Westpac subsidiaries have dropped their fixed rates by up to 140 basis points. ...
Property investors have seen a 0% gain in EAST TAMWORTH based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains EAST TAMWORTH, 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 $445,000
Profits averaged 4.7% per annum over a 3-year period, due to an upward trend in home prices in EAST TAMWORTH, 2340.
This means, real estate investors could earn a rental income of $370 based on current median home prices for the suburb.
The gross rental yield in EAST TAMWORTH, 2340 is 4.32%.
An average of 13.08 real estate transactions take place per month in EAST TAMWORTH which translates to 157 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $445,000 | $232,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 4.49% |
| Median 12 month | 4.71% | -20.51% |
| Median 3 years | 14.1% | 8.64% |
| Median 5 years | 32.44% | 10.19% |
| 10 years average annual | 3.15% | 2.49% |
| Weekly media advert. rent | $370 | $260 |
| Time on Market | 99.4 days | 116.2 days |
| Gross Rental Yield Percent | 4.32% | 5.82% |
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