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Property investors have seen a -2.52% drop in EAST TAMWORTH based on a decrease 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 $415,250
Profits averaged 1.31% 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 $360 based on current median home prices for the suburb.
The gross rental yield in EAST TAMWORTH, 2340 is 4.51%.
An average of 7.17 real estate transactions take place per month in EAST TAMWORTH which translates to 86 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $415,250 | $245,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.52% | -2% |
| Median 12 month | -6.69% | 10.11% |
| Median 3 years | 3.94% | 14.49% |
| Median 5 years | 17.8% | 23.27% |
| 10 years average annual | 4.18% | 2.65% |
| Weekly media advert. rent | $360 | $270 |
| Time on Market | 89.0 days | 106.9 days |
| Gross Rental Yield Percent | 4.51% | 5.73% |
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