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East TamworthEast Tamworth - SUBURB PROFILE REPORT
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Property investors have seen a 2.54% 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 $465,000
Profits averaged 1.26% 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 $380 based on current median home prices for the suburb.
The gross rental yield in EAST TAMWORTH, 2340 is 4.25%.
An average of 12.42 real estate transactions take place per month in EAST TAMWORTH which translates to 149 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $465,000 | $255,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.54% | 2.62% |
| Median 12 month | 5.74% | -3.77% |
| Median 3 years | 3.79% | 27.5% |
| Median 5 years | 17.72% | 19.16% |
| 10 years average annual | 4.04% | 5.56% |
| Weekly media advert. rent | $380 | $290 |
| Time on Market | 99.1 days | 89.7 days |
| Gross Rental Yield Percent | 4.25% | 5.91% |
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