Perth sales strongest in 5 years
New data from the Real Estate Institute of Western Australia has revealed that June saw the biggest month of sales in Perth since 2015. ...
Property investors have seen a -0.58% 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 $427,500
Profits averaged 0.6% 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 4.5%.
An average of 7.25 real estate transactions take place per month in EAST TAMWORTH which translates to 87 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $427,500 | $271,500 |
| GROWTH REPORT | ||
| Median Quarterly | -0.58% | 0.56% |
| Median 12 month | -2.84% | 8.6% |
| Median 3 years | 1.79% | 2.45% |
| Median 5 years | 20.85% | 48.77% |
| 10 years average annual | 4.02% | 4.82% |
| Weekly media advert. rent | $370 | $280 |
| Time on Market | 103.5 days | 0.0 days |
| Gross Rental Yield Percent | 4.5% | 5.36% |
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