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Property investors have seen a 5.29% 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 $447,500
Profits averaged 2.18% 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 $355 based on current median home prices for the suburb.
The gross rental yield in EAST TAMWORTH, 2340 is 4.13%.
An average of 6.67 real estate transactions take place per month in EAST TAMWORTH which translates to 80 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $447,500 | $260,000 |
| GROWTH REPORT | ||
| Median Quarterly | 5.29% | -4.24% |
| Median 12 month | 5.05% | 4% |
| Median 3 years | 6.55% | -3.17% |
| Median 5 years | 26.5% | 37.75% |
| 10 years average annual | 3.9% | 4.25% |
| Weekly media advert. rent | $355 | $272.5 |
| Time on Market | 124.5 days | 91.1 days |
| Gross Rental Yield Percent | 4.13% | 5.45% |
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