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Property investors have seen a 3.55% 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 $430,000
Profits averaged 1.63% 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 $350 based on current median home prices for the suburb.
The gross rental yield in EAST TAMWORTH, 2340 is 4.23%.
An average of 8 real estate transactions take place per month in EAST TAMWORTH which translates to 96 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $430,000 | $263,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.55% | 7.35% |
| Median 12 month | -3.37% | 13.12% |
| Median 3 years | 4.88% | 8.68% |
| Median 5 years | 22.42% | 46.11% |
| 10 years average annual | 4.37% | 3.45% |
| Weekly media advert. rent | $350 | $277.5 |
| Time on Market | 99.3 days | 0.0 days |
| Gross Rental Yield Percent | 4.23% | 5.49% |
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