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East TamworthEast Tamworth - SUBURB PROFILE REPORT
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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 $450,000
Profits averaged 1.55% 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 4.28%.
An average of 10.08 real estate transactions take place per month in EAST TAMWORTH which translates to 121 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $450,000 | $250,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -5.66% |
| Median 12 month | 5.88% | -7.92% |
| Median 3 years | 4.65% | 25% |
| Median 5 years | 15.38% | 21.95% |
| 10 years average annual | 3.86% | 5.26% |
| Weekly media advert. rent | $370 | $290 |
| Time on Market | 133.8 days | 95.2 days |
| Gross Rental Yield Percent | 4.28% | 6.03% |
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